CHICAGO, April 2, 2025 /PRNewswire/ -- Lamina today announced a strategic collaboration with CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, to streamline their multi-lender loan lifecycle with an automated platform. The collaboration leverages Lamina's innovative API-first and AI-enabled technology with CoBank's expertise in multi-lender transactions to transform the way financial institutions can manage syndicated and participation loans—offering increased speed, transparency, and efficiency across the entire loan lifecycle. CoBank will leverage the platform in its mission to serve rural America, enhancing interoperability within the Farm Credit System and with other lending institutions nationwide.

Lamina is redefining how financial institutions collaborate on deal sharing, underwriting, and servicing by building a next-generation platform that enhances connectivity and efficiency across enterprise banks, regional banks, and financial service providers. Our evolving solution is designed to facilitate seamless data exchange, expand network participation, and optimize commitment and allocation workflows. By leveraging advanced integrations with CRM, LOS, and servicing systems, Lamina is shaping a more intelligent, automated ecosystem that minimizes friction in loan origination and servicing through dynamic workflows, real-time data intelligence, and streamlined reconciliation.

"We are excited to collaborate with CoBank, a leader in structuring and executing multi-lender transactions across borrowers in rural industries," said Neil Hartman, Founder of Lamina. "This collaboration showcases how a modernized and efficient participation and syndication loan platform can benefit financial institutions of all sizes, helping them better serve their clients and partners."

"As one of the largest private providers of credit to the U.S. rural economy, we are a top originator of multi-lender transactions across the industries we finance. By providing an efficient and secure platform for loan participation and syndication transactions, we are able to quickly connect with our partners to fund new loan opportunities, creating a value chain across our customer-owners and our partners," said Brenda Frank, CoBank's  Executive Vice President of Farm Credit Banking.  "Lamina's platform aligns with our goal to leverage seamless, technology-driven solutions that enhance deal execution in a secure and reliable platform."

Key Highlights of the Collaboration:

• Expanded Reach: Leverages CoBank's partner network across the entire Farm Credit System.
  
  
• Integrated Solutions: Delivering a seamless, technology-driven platform that enhances efficiency, transparency, and execution in participation and syndication transactions.
  
  
• Comprehensive Industry Support: Designed to meet the needs of enterprise banks, regional banks, financial service providers, and institutions to streamline syndicated loan management across sectors.

About Lamina

Lamina, a West Monroe company, was formed to address a critical gap in the marketplace. Syndication and participation loans are riddled with challenges from origination to servicing—manual data entry, inefficient processes that drag out deal times and internal costs, and limited access to deals confined by existing relationships.

Developed with over 20 years of expertise in banking and financial services, Lamina redefines how syndication and participation loans are managed, prioritizing speed, efficiency, and transparency at every stage. Built in collaboration with leading financial co-investors, Lamina is more than just a platform—it represents a shift toward a new industry standard. For more information, visit laminafs.com or follow on LinkedIn at linkedin.com/company/laminafs.

About CoBank

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 78,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

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SOURCE Lamina