In 2008, prior to the creation of Agency Funding, Swiss RE, Wells Fargo bank and
Commissions Funding Group, LLC (CFG) developed a joint venture to leverage the CFG
business model. Unfortunately, due to the financial crisis Swiss RE closed its business
development offices in New York and was unable to participate. The participation of Wells
Fargo was predicated on that of Swiss. Agency Funding, LLC was founded on the structure
of this unrealized joint venture plan in 2009.
Agency Funding has been designed so that all of its expenses are encompassed in a single
monthly management fee payment to a separate, independent management organization.
This organization, known as CFG Lending, is staffed and managed by Commission Funding