Thanks, Joe.
I think the rating issue is something we've all talked about around this table. We've been through the rating process, all of us, over the last number of years, certainly the last 10 or so.
When we started Securcor, our objective was to have a privately funded facility that really got into the details, that knew the contracts and knew the customers. We spent a ton of time up front on understanding the business being invested in before we actually went out and did any funding.
As well, we track the transactions on a very transparent basis all the way through, cradle to grave. Back then it was a negative for us, but today transparency is certainly something that is the buzzword on Bay Street and Wall Street.
That's what we add to the pie for the private funders; we're in between Joe and the funder of one of our conduits. We've provided that service with extremely good results for nine years.