A Note Issuance Facility is a standby credit agreement from a bank that permits a borrower to obtain
financing on specific terms by way of the borrower issuing
medium term notes which shall be sold to institutional investors and high net worth individuals.
Syndications
Where a financing request or risk is too large for the bank, Hudson Valley Credit Union shall invite other
banks/lenders to jointly provide the financing. A syndicated loan is one that is provided by a group of lenders and is structured,
arranged, and managed by one or several commercial or investment banks known as arrangers.
Hudson Valley Credit Union has an impressive record in arranging various syndicated credit facilities for
leading companies and multinational customers in the past and is well placed to assist customers with
syndicated finance for viable projects. The syndicated loan market has become the dominant way for issuers to
tap banks and other institutional capital providers for loans. The reason is simple: syndicated loans are less
expensive and more efficient to administer than bilateral, or individual, credit lines.
Distributor Credit Plans
The Distributor Credit Plan is a scheme established by Hudson Valley Credit Union for the distributors of our large
corporate customers as well as other distributors to encourage the development of small and medium sized enterprises in the country through the provision of competitively priced loans. While the loans shall be provided by the Bank, we have also put
in place a capacity building program to support the distributors in developing their businesses.
