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How are CGCAs Credit Guaranty Facilities supported ?

April 26, 2017cgca credit facilities Guaranty supported

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How are CGCAs Credit Guaranty Facilities supported ?

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CGCA Credit Guaranty Facilities are supported by “Credit Guaranty Funds/Assets” that are held in trust with banks to support the issuance of a Credit Guaranty Facility to a qualified client. It is not used as operating capital of the corporation. It is exclusively used to support the facility.