CC Automobile Asset Preference Shares

Automobile loans were for used cars – predominantly Dodges, Nissans and Chevrolets, with many ten thousands of miles on the odometer. Across Central America, there is booming business in automobile lending. An influx of investor money makes more loans possible. The returns were substantial in a time of low interest rates.

Launched in 2010, EU – CC Automobile Asset preference shares is a collaboration between Excalibur Union Inc. and Capital Centers LLC. This partnership represents the first of its kind for Excalibur Union. This preference shares underlying assets is of Capital Centers LLC’s assets in Central America automobile industry. The aim of the preference shares is to provide consistent medium to high yields and capital growth through the underlying portfolio, which comprises mainly of automobile loans. These assets are of equivalent or higher in collateral value.

Capital Centers LLC: http://www.capitalcenters.com