Opportunity for Jersey private funders, holding direct lending portfolios, to sell or transfer their position in favour of a Schedule 2 registered programme, with diversification, regular coupon of 8% and a partial first loss guarantee, supported with institutional-grade reporting and independently audited by a major practice. Single loans or multi-lend books considered, as well as mildly non-performing or overrunning debt. Typical book size £2m-£10m however smaller/ larger portfolios will be considered by negotiation.