Independent Director FAQs

An independent director or manager plays a critical role on the board of directors to guide the company through any necessary decisions. For a special purpose entity, the independent director helps to manage the loan and make a measured decisions regarding bankruptcy should the issue arise.

A member on the board of directors is considered independent when they have no material relationship, either directly or indirectly, with the company they are serving. The independent direct is generally not a shareholder, partner, executive, or otherwise involved in the day-to-day operations of the business.

There’s little we haven’t seen yet, and we’re sure there’s nothing we can’t handle. CT Corporation's experienced professionals will make sure to meet the requirements of even the most demanding lenders and rating agencies.

Appoint an individual from CT Corporation as an Independent Director/Manager, Springing Member, or Special Member for structured finance, credit, real estate, or securitization transaction.