Participate & ACBB: Lending Marketplace for Community Banks

In a bold step forward for community banking, Participate, a leader in loan participation and syndication automation, has partnered with Atlantic Community Bankers Bank (ACBB) to revolutionize loan trading for financial institutions. This partnership combines Participate’s patented technology with ACBB’s established network of over 400 financial institutions, providing a streamlined, scalable solution for managing loan participations.

A Strategic Collaboration

The collaboration, announced earlier this week, highlights a shared commitment to empowering community banks. Participate’s cutting-edge platform automates traditionally manual loan participation processes, reducing operational burdens and enabling banks to focus on growth. For ACBB, this partnership introduces The Lending Marketplace, a centralized digital platform powered by Participate, designed to enhance efficiency and accessibility in loan participations.

“Partnering with Participate allows us to offer our community banks a powerful tool to optimize their lending practices and unlock new opportunities for growth,” said Craig Howie, President and CEO of ACBB.

This partnership reflects a synergy of innovation and deep banking expertise, addressing the unique challenges of community banks: managing concentration risk, improving liquidity, and boosting non-interest fee income.

Introducing the Lending Marketplace

At the core of ACBB’s strategy is the Lending Marketplace, a comprehensive platform enabling seamless collaboration between loan originators and participants. Key features include:

• Automated Workflows: Streamlines loan tracking, funding requests, and participant notifications.
• Secure Document Management: Eliminates the need for unencrypted emails through secure, centralized data sharing.
• Real-Time Alerts: Keeps participants informed about new opportunities and loan updates.
• Scalability: Supports banks in managing larger portfolios without additional operational overhead.

The Lending Marketplace allows financial institutions to buy and sell loans with greater speed and security, helping banks maximize their lending potential while mitigating risk.

Transformative Technology in Action

Participate’s platform is built on a foundation of patented technology, offering banks robust solutions for real-time performance monitoring, integration with existing systems, and a scalable network of over 800 potential buyers. By automating back-office tasks—such as interest rate adjustments, P&I disbursements, and document sharing—banks can save time and focus on strategic goals.

With Participate, the results speak for themselves. Banks using the platform report increased lending capacity and fee income, with a potential to generate $2.4 million in income for every $50 million in loans sold. This innovative approach helps banks retain valued borrowers and lenders while enhancing profitability.

“This partnership is a testament to our shared vision for empowering community banks,” added Matt Johnner, President and Co-founder of Participate. “Together, we’re redefining what’s possible in loan trading.”

Building a Future of Growth

The partnership between Participate and ACBB not only addresses the immediate needs of community banks but also positions them for long-term success in a competitive landscape. As banks adopt the Lending Marketplace, they gain a trusted partner in ACBB and a proven platform in Participate, ensuring that their lending operations are efficient, scalable, and secure.

Contact us for more information about this collaboration, and to join the lending marketplace.