Industry WIKI

A bank pool loan (BPL) is a fairly new form of loan, used by US based firms trading on public markets that need funding of under $10,000,000. In a BPL, a group of European based banks (the pool), create a European firm whose sole purpose is to loan money to a US based company. Because this loan to the European based bank is completely insured, the BPL does not have as high a risk if the