Whether you advise lenders, borrowers, or both, this program will deliver the practical knowledge, legal insight, and strategic understanding you need to navigate today’s commercial lending landscape with confidence. Come away with a better understanding of common agreements and lending arrangements, examine security mechanisms and enforcement, and delve into nuances for agricultural lending. This on-demand program was originally presented as an in-person program titled Commercial Lending on June 18, 2026. Total running time for presentations ranges from 32 minutes to 54 minutes.

This presentation explores situations when there are multiple lenders in a commercial lending transaction. It covers co-lender scenarios including participations, securitizations, clubs, and syndications, as well as separate lender scenarios. It also explores competing priorities and issues arising from “first in time” priorities. This on-demand program was originally presented as an in-person program titled Commercial Lending on June 18, 2026. Total running time is 49 minutes.

This paper provides an introductory overview of two categories of multi lender/secured party scenarios: (1) co-lenders where the parties involved are sharing security and have a shared interest in the same financing and (2) separate situations where the lenders or secured parties involved have overlapping but different security or, in some limited cases, shared security but with different rights under the security and separate debt. In co-lending situations, it explores four main categories: participations, securitizations, clubs, and syndications. In situations with multiple lenders, the paper examines inter-lender agreements, postponements, subordinations, priority and standstill agreements, and inter-creditor agreements. These materials are part of a collection presented at LESA’s Commercial Lending program in Edmonton on June 18, 2026.