Through the Trust Banking Group (TBG’s) Mortgage Trust Indenture service or MTI, a company can use its assets to secure possible funding for capital expenditures, business expansions, and other business-related plans.

Under this arrangement, TBG holds a pool of properties composed of the Borrower’s assets (via real and/or chattel mortgage) for benefit of its Creditors. In exchange, each participating Creditor shall be issued a Mortgage Participation Certificate that serves to represent their proportionate share in the pool of properties depending on their loan exposure.

 

Benefits

- Increased confidence from prospective Lenders;
- Administration and monitoring of outstanding Mortgage - Participation Certificates;
- Monitoring of adequate collateral to answer for existing and - additional obligations;
- Timely submission of reports; and
- Maintenance and administration of a Debt Service Account to ensure availability of funds for repayment, if required.