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PCUA introduces service to connect MBL buyers sellers

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HARRISBURG, Pa. (9/25/08)--The Pennsylvania Credit Union Association (PCUA) introduced Loan Trader, an online service for buyers and sellers of member business loans. Loan Trader lists loans available for purchase by industry type, and type and location of collateral. Buyers can look for participation loans that fit their own criteria (Life is a Highway Sept. 23). Sellers also can release data so that credit unions can perform due diligence on their loan participation. On Oct. 6, PCUA will host a webcast to demonstrate the program. For more information, contact the league. Registration is due by Sept. 30.