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Near Equity Loans
After appropriate due diligence, TMF may also structure its mezzanine debt to achieve rates of return that are commensurate with the risks involved in financing higher growth companies. This option is available only to TMF members. The structure of TMF’s quasi-equity transactions may have initial periods of interest only and may include a temporary TMF “stand-by” on payments. Pricing of the transaction may include variable transaction fees (success fees) typically in the form of revenue participation and/or structuring a subordinated debenture note with warrants designed for stock conversion. TMF would expect to exit the investment within three-to-five years and could retain rights of observation at board meetings of the business and require receipt of all board minutes.
For more information contact:
Theresa Acosta Lee
214.943.5900 Ext. 102
1-877-MONYTMF
 E-Mail
TMF provides loans up to $500,000 to non-profit and for-profit developers of single-family or multi-family affordable housing units for low- to moderate-income families.
Underwriting Guidelines:
 Adequate cash flow for debt service;
Strong management and positive operating history;
A history of successful building or development; and
A viable project designed to satisfy a demonstrated affordable housing need.
For more information contact:
Theresa Acosta Lee
214.943.5900 Ext. 102
1-877-MONYTMF
E-Mail
TMF can also provide real estate loans up to $500,000 to non-profits for neighborhood-serving community facilities; e.g., daycare centers, health centers, etc.
Underwriting Guidelines:
Adequate cash flow for debt service;
Strong management and positive operating history;
A project that provides a facility to deliver community services that help revitalize the community; and
Community support and commitment.
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Loan Guidelines