Alloya’s Loan Participation Platform Exceeds $3 Billion

Todd Adams

​Alloya is proud to announce that its Loan Participation Platform recently exceeded $3 billion in loan participation transactions. In 2021, Alloya’s Loan Participation Platform transformed what was once a time-consuming manual process into a centralized marketplace with fully automated transactions, quickly connecting buyers and sellers and reducing processing time from weeks to just days. 
 
“The success of our Loan Participation Platform is a testament to Alloya’s innovative spirit and commitment to members,” said Todd Adams, Alloya’s CEO. “Motivated by our mission of supporting credit union success, we built this technology from the ground up with the credit union industry in mind. Today, a credit union that has developed expertise in its loan origination and servicing capabilities is now better positioned to leverage this strength and sell loans to credit unions of all sizes that are looking for good risk/return options. Alloya’s platform is the only solution with this level of scale and sophistication that is owned by the credit union movement. Through Alloya, credit unions and CUSOs can access a streamlined, convenient loan participation solution created exclusively with their interest in mind.”
 
“We made a complicated process simple,” said Andrew Kohl, CIO and President of Alloya Solutions. “Gone are the days of spending hours comparing options and weeks waiting for transactions to process. Now our members can buy and sell loan participations quickly and easily, supported by Alloya’s team of experts, who stand ready to provide trusted and reliable service along the way.”
 
“Our Loan Participation Platform is only one facet of what Alloya has to offer,” Kohl added. “The platform is a liquidity tool, an investment tool and a balance sheet management tool, but it’s only one example of the impact Alloya has on our member credit unions. We are able to provide many innovative solutions that simplify members’ lives, and the Loan Participation Platform complements our capabilities nicely.”

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