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What is a GMP?

GMP
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What is a GMP?

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A GMP is a Guaranteed Minimum Price. ECOM guarantees in most cases an equity over the loan value. As a pool, members of the USCGA can offset all yield and price risk to ECOM. ECOM will guarantee to pay the price that they have nominated for each pool. ECOM controls all hedging and sales for the USCGA.

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