CMFG Equity Fund Corp., an independent corporation.
As of July 17, 2017, we’ve officially launched our Shariah Program. This program is a vehicle to obtain returns on an interest free basis and be repaid on a profit share component. Developers can borrow and form a partnership with paying no interest and get projects through zoning to site plan approved or completion. The Program does not offer, trade, administer or sell mortgages nor offer syndicated mortgages.
Purpose of Program: Profit share structure, interest free finance, joint venture structure, co-development -Real Estate transactions only.
Return: Subject to transaction type, asset class, capital request, term, borrowers contribution, bio of guarantors and builders, executive summary, partnership structure, location and exit.
Shariah program: It is a partnership structure repaid with a profit share return based on capitalization, increased valuation or an agreed purchased price upon exit instead of a fixed interest rate of return.
Equity Program: Injecting capital into a project allowing developers to increase value for a profit share upon exit. Structure is an interest free loan hence no monthly payment or reserve payment is required. It is partnership structure.
- Joint Venture Partnership
- Buyout of another partner
- Market and Risk Analysis
- Real Estate Development
- Management and Administration
- Acquisition and Construction
- Legal and Compliance
Guideline: We do not put anyone in a box nor have set guidelines therefore each transaction will be considered on deal per deal basis.
Due to traditional lending restrictions, clients have limited options. Many projects are on pause either due to poor planning, lack of capital and experience. Our team of planners and consultants with over 40 years of experience will assist from acquisition to completion.