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Who pays for the cost of fund management?

April 26, 2017COST fund Management pays

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Who pays for the cost of fund management?

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Two primary revenue sources pay for the cost of managing the Fund: (1) the interest earnings on the pooled funds deposited by MCCF members; and (2) loan origination fees charged to borrowers. Members do not pay directly for services provided by the fund manager that pertain to the structuring of MCCF loans. However, any technical assistance provided to members that is not directly related to a MCCF loan transaction is subject to a reasonable service fee to be paid by the benefiting member.