CF4 Consol Freight update

Dear Community,
We wanted to provide you with an update on Consolfreight and our pool CF4.

For the last quarter Consolfreight (CF) has been ramping up its effort to increase the size of its pool CF4. The management team led by Ernesto and Alejandro have been putting a big effort and focus on sustainable originations projects, instead of one-offs mitigating the cash drag that can be generated by these transactions. Furthermore, a big emphasis has been put in the technology development to automate some of the Due Diligence and risk assessments processes. Earlier this year CF launched the updated version of the platform allowing customers to have a better experience and improve funding processes.

At this stage, CF has landed an important contract to provide Trade Finance services to an Australian company that specialises in providing multimedia and GPS systems to major vehicle manufacturers in the country. The customer has an impressive track record in the industry allowing us to partner with a factoring company to provide a full cycle financial service. Having CF exit covered by the factoring company reduces the risk of default and makes the project more robust and attractive for the investors.

This project will increase the demand for funds, thus there will be a need for DROP and TIN investors. The project will start in the coming weeks and it will ramp up towards the end of the month. CF4 has been oversubscribed for some time, so this can be the perfect opportunity to jump on the longest standing pool in Centrifuge. ConsolFreight has a verifiable track record and the Risk Assessment Framework and Underwriting process has been audited and onboarded by Maker as RWAO.

If this is an opportunity that sounds interesting for you, please contact us to discuss further.

Thanks

Alejandro

5 Likes

Can you share links to the latest performance data?

1 Like

Hi @pmangione,

Can you please elaborate on the data you are looking for?
Maybe, Defaults of the underlying portfolio? Yields of TIN/DROP?

Thanks

Alejandro

1 Like