United Financial Technologies believes in fostering new efficiencies in unexpected places. When birthing the Collateralized Variable Rate Demand Note (CVRDN) for use by mid-market businesses and projects that had a high and consistent demand for debt capital, the professionals at UFT began to refine their relationships in the asset management marketplace. Through the analytical process of positioning and cultivating high-quality Interim Asset Managers as Preferred Vendors for CVRDN related financial services, the need for a low-cost leverage alternative for direct use by professionals in the alternative investment, investment management, and hedge fund market began to demonstrate itself. Thus, the seed of what has grown into the Managed Variable Rate Demand Note (MVRDN) was planted firmly in the minds of the financial engineers at United Financial Technologies.
The MVRDN brings the investment or fund manager with a distinguishable investment strategy into an arena in which the “cost of credit” playing field is leveled and even slanted in its favor when it comes to accessing high volume debt to marry with equity or position as a stand-alone debt-based fund.