MidAmerican Global Ventures will help borrowers obtain cost-effective financing for job creating projects throughout Northwestern, Central and Eastern Ohio.  As traditional lending sources continue to be difficult to access, immigrant investors are increasingly becoming a unique source of capital.

oxp-navTypes of Projects

MAG Ventures will offer financing for job creating projects in a variety of industries, including:

•  Mixed use real estate developments
•  Hospitals, medical offices and laboratories
•  Hotels, restaurants and retail
•  Energy and advanced technology
•  Manufacturing, distribution and logistics
•  Public building and infrastructure

We will count and track job creation through several different ways as accepted by USCIS, including:

•  Direct workers
•  Construction expenditures
•  Incremental revenue projections
•  Other output metrics

 An EB-5 economist will use the most appropriate method for each project.

 

oxp-checkProject Review Process

Phase 1:  Prospective borrowers provides MAG Ventures Preliminary Due Diligence Assessment information:
 
1.  Contact name, address, phone, email
2.  Project location (address or cross streets)
3.  Industry sector
4.  Brief project description
5.  Brief project timeline
6.  Project budget
7.  Business plan
 
Phase 2:  MAG Ventures determines project eligibility; proves Phase 2-Detailed Project Application Form to prospective borrower.
 
Phase 3:  MAG Ventures offers loan terms and conditions for borrower consideration.

More Information

blueprintsCost Effective Financing

MidAmerican Global Ventures will help borrowers obtain cost-effective financing for job creating projects throughout Northwest, Central and Eastern Ohio.  As traditional lending sources continue to be difficult to access, immigrant investors are increasingly becoming a unique source of capital.

MAG Ventures will offer competitive financing for a variety of industries, including mixed use real estate developments, energy projects, medical facilities, hospitality and retail ventures, manufacturing and distribution operations and public buildings and infrastructure.

Under certain circumstances, MAG Ventures will provide equity investment for projects.  Read More.

intlbusinessglobeGuiding Investors

The Immigrant Investor Program, also known as EB-5, was created by Congress in 1990.  The intent of the program is to stimulate job creation and capital investment by foreign investors.  The EB-5 program, reauthorized by Congress in 2012, is administered by the United States Citizenship and Immigration Service (USCIS).  Read More.

moneyGuidelines

MAG Ventures considers projects with a $5 million USD loan minimum and at least 20 full-time US jobs created per every $1 million of EB-5 invested (or 10 U.S. jobs for every $500,000 USD if the project is located in a rural area or Targeted Employment Area).

Additional criteria are considered on a case-by case basis.