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Collateralized Advance Program (CAP)

TMGFS offers financial institutions the opportunity to invest members' dollars in a secured growth vehicle through the Collateralized Advance Program (CAP).

How it works

CAP was created to assist our credit union partners with liquidity looking for favorable investment opportunities. CAP leverages these funds and creates an innovative industry solution that keeps valuable credit card assets and relationships within the credit union system.

Attributes

  • Structured as a loan to a CUSO
  • Funded advances have terms available ranging from 90 days to 5 years
  • Fixed interest rate
  • Monthly or semi-annual interest payments
  • Secured by credit card receivables with TMGFS
  • Credit and fraud losses assumed by TMGFS

Advantages

During difficult times, TMGFS' CAP offers you many advantages:

  • High asset quality
  • Highly competitive return
  • Allows for investor diversification
  • Card receivables spread across the country
  • Portfolio managed by seasoned professionals

For more information, please contact:

Ben Rempe
Vice President, Business Development
515.457.5288