The American Trade Cooperative (ATC) operates a Mutual Credit System which provides for the extension of credit using, as security, unencumbered real estate and other assets. The pledged assets are placed in a vehicle similar to a Trust* and act as backing for the issue of the Trade Credits, equal in value to U.S. Dollars, that are used, in combination with cash and other traditional forms of consideration in buying, selling and exchanging transactions.

 

Below is a short slide show of an illustration on how the Mutual Credit System works for Real Estate

 

 

For additional information on the ATC Mutual Credit System

"CLICK HERE"

(This link takes you to the ATC website)

 

 

*The ATC Trust vehicle is conceptually similar to a REIT, the main difference being that REITs accept assets and issue a security (stock) which becomes publicly traded. The ATC Trust also accepts assets, however, instead of stock it issues a Trade Credit which is used to transact deals involving property and other assets.