We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our clients to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; and regulatory reporting.
Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 24 hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 72 hours. In either situation, we plan to continue in business and notify you through our web site www.carreden.com or our client emergency number, (925) 389-6359 how to contact us.
TCAG takes pride in its philosophy which emphasizes advocating the client’s interest ahead of any transaction. We are long-term relationship-oriented advisors and this philosophy is well regarded by our clients. Our aim is to understand our client’s goals and objectives so as to assist them in achieving their financial targets.
TCAG enjoys very high transaction confidence with institutional tax credit investors which, we believe, generates efficient pricing and promotes successfully executed transactions. Given the length of our collective experience with institutional investors and credit enhancers we have the depth of relationships necessary to achieve smooth closings.
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