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Financial Guarantee Formats
 
 
 

THERE ARE CURRENTLY TWO FINANCIAL GUARANTEE FORMATS AVAILABLE THROUGH VARIOUS PROGRAMS OFFERED BY COMPANIES CREDIT FINANCIAL CORP CREDIT ENHANCEMENT DIVISION HAS CONTRACTS OR AGREEMENTS WITH.

The first guarantee format is a Irrevocable loan Guarantee and is issued directly by a Financial Institution affiliated insurance companies. It is normally used for projects that require a financial guarantee of less than US $50 Million.

All of Credit Financial Corp's affiliated insurance companies’ products, including their financial products, are re-insured by "AAA" and "AA" Standard and Poor's rated re-insurers. These re-insurance treaties include, "whole account" annual aggregate "Stop Loss" and "Excess of Loss" coverage.

The financial products and insurance are remained by re-insurance companies Standard and Poor's has rated 'W' or better.

The second guarantee format is a Direct Insurer Issued Guarantee. This Guarantee is issued directly by a rated financial entity and is used for projects where a "rate" instrument is required. It is also used for most projects over US $50 Million.

 

 
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