Participations Module in Nortridge's Loan Servicing Software

Participation Loans are loans in which the funds for the loan come from multiple sources or participating institutions. NLS provides all the sub-accounting and payment distribution to the participants.


  • Participations can be by percentages or by dollars
  • Each participant can have a different main interest rate and secondary rate for deferred interest
  • Distributions are rules-based
  • Payments to participants can be made through ACH or automatic check disbursement
  • General Ledger entries can be generated for each participant
  • Servicing fees can be tracked