Iowas TMG Financial Services Offers CUSO Funding
DES MOINES, Iowa – TMG Financial Services, an affiliate of the Iowa CU League, has introduced financing alternatives for CUSOs through a new newly created operation called CU Structured Finance LLC.
The operation will provide funding for the credit union service organizations which may have had their funding sources limited or restricted over the past 18 months as credit unions have seen a reduction in funding sources.
CU Structured Finance will offer a secured line of credit, access to credit beyond that offered by individual CUSO owners and market prices for loan rates.
TMG Financial is the credit card agent issuing sister company of The Members Group, which is owned by the Iowa League.