The First Credit Enhancement Company

The First Credit Enhancement Company
The Global Communication Center

Official web sites can be accessed:
http://www.firstcec.com
http://www.TheFirstCEC.com

The First Credite Enhancement Company operates financial transactions exclusively through properly licensed, registered offshore entities in major financial centres. Which one to choose is entirely up to the client, his tax situation and his transacton.

Generally, The First Credit Enhancement Company operates through major financial centres and the "market leading" jurisdictions:
Bahamas, which has a considerable number of registered vessels. The Bahamas used to be the dominant force in the offshore financial world, but fell from favour in 1970s after independence.
Bermuda, which is market leader for captive insurance, and also has a strong presence in offshore funds and aircraft registration.

British Virgin Islands, which has the largest number of offshore companies

Cayman Islands, which has the largest value of AUM in offshore funds, and is also the strongest presence in the U.S. securitisation market.

Gibraltar, which, whilst not dominating the offshore market in any particular specialisation, retains a strong presence in most fields.

Jersey, which is a dominant player in the European securitisation market and the European REIT market.

Luxembourg, which is the market leader is UCITS and is believed to be the largest offshore Eurobond issuer, although no official statistics confirm this.

Panama, which is a significant international maritime centre. Although Panama (with Bermuda) was one of the earliest offshore corporate domiciles, Panama lost significance in the early 1990s. Panama is now second only to the British Virgin Islands in volumes of incorporations.

Although there are many, many other offshore jurisdictions, some of which are relatively sophisticated (for example, Guernsey and the Isle of Man are particularly well developed and well regulated offshore centres, although they tend to be overshadowed by Jersey; and the offshore aircraft registration market, unusually, is not dominated by one jurisdiction but is fragmented amongst Bermuda, Cayman, Aruba, Netherlands Antilles and the Seychelles), those seven jurisdictions are generally considered to be the key market participants, and to possess the most sophisticated offshore infrastructure.

Transactions of Main Interest

Trade platform finance: POF - proof of funds, reserved funds, reserve and block money, reserved funds bank confirmed, to ping the account, administrative block on the account, block money via SWIFT MT 760, blocked money via SWIFT MT760 if requested it via SWIFT MT 799 (US$10 million +) sub account in your name with a bank confirmation. We fund your account in our bank based on a bank management contract. Benefits: funding of your transaction or investment for your exclusive benefit. No joint venture, or sharing in your transaction. You do not share your profits! Transactions are quick, private, and direct principal to principal. To leverage investment capital and profits. Safe from violation of the patriot act. Facilities offered to structure and settle international transactions. Any transaction is carried out through offshore jurisdictions and offshore companies.

Project backed up by a financial instruments: Funding instruments backing up a project, issuing of a relevant bank commitment which will allow you to prove funds against the delivery of an acceptable bank instrument. The instrument will have to be AA+ rated and have to be issued by acceptable European or US American institutions only. The instrument has to be immediately re-saleable. We can provide: POF - proof of funds, via swift or hard copy bank letter, bank funding commitments for project funding

Trading MTNs or Securities:In need of funding and a closing bank: Providing funds to trade, buy and sell mtns. Arranging POF - proof of funds combined with bank purchase orders, to buy and sell instruments. SWIFT MT 799 confirmations, bank purchase orders, to buy such instuments, related services. An own account in our bank funded, based on a bank management contract. Funding a transaction or investment for client’s exclusive benefit.

POF, proof of funds, financial capacity, or the availability of cash on account: Sub account of the funder’s account, but in client’s name. An own account in the funder’s bank, funded based on a bank management contract. POF - proof of funds, reserved funds, reserve and block money, reserved funds bank confirmed, to ping the account, an administrative block on the account to client’s benefit

Enhancement instrument: using a financial instrument for enhancement pruposes, to better a company’s balance sheet. A BG - bank guarantee or SBLC – Standby Letter of Credit, for enhancement purposes.