Documents and White Papers

Master Credit Participation Certificates™

Education


Download our eBook explaining the Enhancement CPC ™ -

"Bond-Like Volatility with Equity-Like Returns"

See additional educational documents below.


Application Process

The process of becoming a "Participating Lender" -- an investor that is eligible to acquire a CPC -- starts with the completion of a Qualification Package (0808.QPC) by your nominated entity that will be qualifying with UFT Commercial Finance.  These forms are used  for the traditional CPC™ or an Enhancement CPC™.

The following forms are required as part of the initial application.

  1. Confidential Disclosure Agreement (0808.CDA-1) for the proposed Participant.

  2. Beneficial Owner Verification (0808.BOV) to be completed by the individuals that ultimately own the entity that will be the Participating Lender.

  3. Participant Data Consent (0808.PDC) permits us to do standard AML/KYC checks on the individuals/entities involved.

  4. Please refer to Pathway to Participation (0808.PTP ) to help guide you through the totality of becoming a Participating Lender and through your first CPC participation.

Also, please complete a Login Request Form (1105.LRF) so that we may provide you with access to the proprietary educational materials and forms that you will need while working with us. 

We welcome your submissions when you are prepared to proceed.


 

White Papers and Literature


February, 2020

When selling an asset, attracting the widest field of buyers is critical to achieving best sale price and terms. Seller-finance is one way to increase the number of qualified buyers considering the purchase of your asset. In this paper, our CEO and Founder, Joanne Marlowe, explains how pre-qualified asset sellers can take advantage of the Enhancement CPC in order to offer a seller-finance option that differentiates both the seller and its asset from the noise of other sellers in the market. A Cashless Seller-Finance option is a win-win for both buyer and seller; the contracted buyer can rest-assured that it possesses all the tools it needs to capably close the transaction while the seller can access a plethora of benefits that otherwise wouldn't be available in a traditional sale or virtually any other seller-finance option.


September, 2019

Quantifying return relative to perceived risk is the cornerstone of effective investment decisions. In this paper, our CEO and Founder, Joanne Marlowe, explains a new metric for understanding the impact of the Enhancement CPC in a broader investment portfolio strategy. The Internal Rate of Return on Exposure or "IRRE" is a complement to traditional IRR calculations, but takes into account the synthetic "weight of exposure" created when an Enhancement CPC is placed atop a core portfolio. Understanding the relationship of the IRRE of an Enhancement Portfolio relative to the IRR of a holistic portfolio that includes both cash-based and cashless investments is vital to maximizing the value of selectively applying Enhancement CPCs in a well-considered investment strategy.


September, 2019

In this paper, our CEO and Founder, Joanne Marlowe, speaks to the need for a national micro-finance program to be overlaid in Opportunity Zones as the basis to amplify the impact of large-scale project and industrial investments. Proposed to be implemented in coordination with the Department of Housing and Urban Development, Ms. Marlowe discusses how small, targeted investments in local Opportunity Zone-based businesses can stimulate an entrepreneurial spirit and fuel a second tier of economic activity that has the power to contribute to the revitalization of neighborhoods, the creation of employment opportunities, and an enhanced sense of community that is vital to the uplift of distressed economic areas.


April, 2019

In this paper, one of the Founders of Greenwood Strategic Advisors, Craig Stephens, joins our CEO, Joanne Marlowe, in explaining how dynamic analysis plays an active supporting role in UFT Commercial's Infrastructure CPC™ products. In the face of steady urbanization and growing service demands, governments are looking to the private sector for new ways of financing public infrastructure. Likewise, institutional and other private investors are searching for ways to get exposure to quality infrastructure investments, but cannot find them with sufficient scale, volume and yield. Bringing these two groups together efficiently requires new solutions that can simultaneously meet the needs of governments, institutional investors, and the citizens they both serve. UFT Commercial and Greenwood have integrated their respective financing and analytics/valuation products to bring just such solutions forward to enable large-scale infrastructure investment.


November, 2018

In this informative paper, our Founder, Joanne Marlowe, explains how the Infrastructure Enhancement CPC™ can help insurance companies play a more active role in supporting "resiliency" infrastructure projects by positioning them as a source of yield enhancement to their investment portfolios. This Cashless Investment™ approach allows existing portfolio investments to remain undisrupted, which reduces opportunity cost and investment friction. Ultimately, this new infrastructure investment strategy helps insurance companies to help themselves, assuring projects that must be completed in order to drive down claims risk get the funding they need from the marketplace. The result for the insurance company -- a healthier bottom line.


November, 2018

This paper takes a look at the use of an alternative method of bidding and contracting infrastructure projects in which the private sector contractor includes the cost of "manufacturing" the project in its delivery contract. Ultimately, our Founder, Joanne Marlowe, explains how this approach can lighten the impact of a public sector project on the government's balance sheet, making projects possible that would otherwise have to wait. Almost as importantly, this true form of public-private partnership keeps public assets in public hands for the long-term. Every government official that is charged with getting infrastructure in motion should read this paper before committing to a path forward.


October, 2018

In this paper, our Founder, Joanne Marlowe, provides an informative, educational foundation for pension funds to learn how to apply the Enhancement CPC™ to improve portfolio performance and pack more power into their existing assets under management. The most common goal among today's pension fund managers is to find a consistent way of maintaining reliable incremental yield that offsets current liabilities while making long-view, wealth building investments that counteract prior principal losses or compensate for less-than-scheduled contributions - all while still remaining liquid and nimble. This paper will start to explain how.


July, 2018

This extensive report was sponsored and compiled by the Greater London Authority and the City of London, the European Union through the European Structural and Investment Funds, and Greenwood Strategic Advisors of Switzerland. It examines best practices and newest innovations in addressing the need for infrastrucure finance in an era in which older methods are largely no longer viable. Reference to UFT's Infrastructure CPC™ and Infrastructure Enhancement CPC™ are included on pages 63 and 64 in expectation of their contributions toward bridging today's infrastructure finance gap in the years to come.


June, 2018

Zurich Insurance sponsored this compelling 48-page report that takes an in-depth look at the many dimensions of flood resistence and how it can be addressed through improved infrastructure. UFT's CPC™ product line receives a nod on page 41 and 42 as part of the next generation of financing solutions that can potentially make enhanced flood resistence a reality in the most challenged geographic regions of the United States.


August, 2013

This technical paper takes a look at how to use the Private Equity Enhancement CPC™ as the basis to engage in private equity investments "cashlessly", reducing opportunity costs to the investor, and improving the operation of the private equity market for private companies in search of capital. Private Equity Enhancement Credits link the economic performance of a private equity investment through a related credit enhancement facility.


September, 2012

This academic analysis authored by thought leader, Joanne Marlowe, elaborates on her thesis behind the disaggregation of the two fundamental building blocks of every credit -- capital availability and credit appetite. In this ground-breaking paper she posits, "Investment Disaggregation Theory is to the origination of an individual investment what Modern Portfolio Theory is to the construction of a diversified portfolio."


April, 2010

Authored by Joanne Marlowe immediately following the 2008 credit meltdown, this technical paper became the basis for the CPC™ Platform. In it, she describes how a Credit Participation Certificate™ is founded upon a master set of terms and conditions that will invite an opportunity for institutional investment capital to be re-introduced to the credit markets, kindling "ground-up" transparency and a restoration of investor confidence.