• When borrower exposure limits are reached
• When collateral type and asset class credit approval restrictions exist
• When risk sharing is required outside of traditional bank sell down routes

CEIP coverage can be structured on the basis of either;

• First loss protection; or
• Proportional (i.e. pari passu) participation.

• Tangible liquid security (HDI Global Specialty A+ S&P rated);
• Cost-effective risk management to the benefit of lenders and their borrowers;
• No loss of control where a First Loss position is taken (full subordination to the Lender).

• Single large commercial real estate investments, structured corporate finance, leveraged finance, commercial equipment lease finance, or asset-backed loan facilities;
• Infrastructure or project finance type facilities where risk sharing is required;
• Defined risk positions in corporate trade accounts receivable warehouse loan and securitization funding structures;
• Defined risk positions in other pooled commercial mortgage or equipment loan/lease warehouse and securitisation funding structures.

Specific benefits provided to the parties are:
Managed Risk – Borrower achieves an attractive “term”

• Credit Relief
• Cost-effective
• Client retention
• Undisclosed – bilateral transaction direct with the Bank
• Flexible
• Recovery Enhancement