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Investment Opportunities
TMG Financial Services (TMGFS) was started to provide credit unions a truly collaborative solution for selling their credit card portfolios. TMGFS is a credit union-owned CUSO and the sister-company of a 20-year card processing veteran, The Members Group. We partner with credit unions by purchasing their credit card portfolio.
Providing a credit union-oriented solution for those credit unions evaluating their core competencies and exploring the sale of their portfolio is important to the entire industry. TMGFS offers opportunities to progressive credit unions interested in advancing this business model for the benefit of the entire industry.
Because we are credit union owned, we are licensed as a non-depository, state-regulated consumer lending company. The capital required to continue to offer this solution to credit unions and the funding to purchase portfolios comes from credit unions who believe it is important to keep these valuable assets and relationships within the credit union industry.
| If you are interested in collaborating to enhance the credit union industry, all while earning an above-market yield with the protection of a loan backed by a high-quality asset pool, take the next step by attending an upcoming webinar. |
Portfolio Funding
Because TMGFS is a company committed to the credit union philosophy of providing members with low rates and unparalleled member service, TMGFS is also offering credit unions and credit union syndicates the opportunity to invest members' dollars in a secured growth vehicle through the Collateralized Advance Program (CAP).
CAP offers progressive credit unions the ability to earn an above-market yield while having the protection of a loan backed by a high-quality asset pool – all while advancing the credit union industry.
Offer Attributes
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Structured as a loan to a CUSO
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Funded advances have a standard 2-year term (alternative terms available)
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Fixed interest rate
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Secured by high quality credit card receivables
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Credit and fraud losses assumed by TMGFS
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Comprehensive reporting on underwriting and portfolio performance
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Semi-annual interest payments
To learn more about the high-quality assets backing the loan, click here.
For a copy of the commitment form, click here.
How it works
Two diagrams illustrate how the CAP offering is structured.
Join us for our next informational webinar detailing the
Collateralized Advance Program (CAP)
-- a unique investment/lending opportunity with an attractive yield
and the protection of a loan backed by a high-quality asset pool
Tuesday, May 25, 2010
11:30 a.m. (Central Time)
Register
Access Instructions will be sent upon registration.
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