We build legacy to create tranquility for people we deeply care about. We provide investors with financial education to create passive income through Real Estate Investing.

At Glenroe Lending we prioritize providing financial education first; and then offering an investment opportunity as a follow up. In order to provide an opportunity for investment, we must legally be able to prove we have a relationship in place with our investors. Providing financial education to you, the investor is our way of establishing our relationship. The first point of contact is booking an exploration call with President John Heeney. We spend time listening to your financial goals and pride ourselves on being able to help you increase your financial education. As a member of the Glenroe Lending family, it is our commitment to continue to provide regular education through our social media, website and investor emails.

When you are comfortable with the level of understanding of what we are investing in, we send you a Loan Agreement to sign as well as a signed promissory note. We are also required by the Securities Commission of Ontario to have you sign a Risk Acknowledgement Form (Form 45-106F12). When those forms are signed and returned to us, we then make arrangements for you to transfer money to our company bank account and your money is immediately invested to start working for you. Monthly or quarterly Interest payments are automatically deposited to the bank account of your choice, depending on investment denomination. Payment statements are provided and a T5 tax form is sent to you for tax preparation.

There is no such thing as guaranteed. We all know that nothing in life is guaranteed. Investments are the same. Real estate offers some form of security because there is a tangible asset that you can see and touch, the property. The Glenroe name is the only one that appears on the mortgages we invest in with our real estate investors. Glenroe holds the security on the investments they make in the real estate they invest in. None of our investor are tied to any real estate. Glenroe offers Promissory Notes to their investors. Glenroe can only offer a form of security “through“ Glenroe but not on their own.

A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms. It is important to understand that what we offer our investors is not a secured agreement and is not tied to any real estate. Our investors simply have a promissory note to bind Glenroe Lending to the investor and return capital under the terms provided in the promissory note.

This is totally up to you. We will discuss this before you invest with us. Like any investment, time is needed for investments to work and produce passive income. Our promissory notes stipulate that a one year term is required but we also want to be sensitive to the needs of our investors and recognize that different circumstances can happen in life where invested monies may need to be liquidated. Having flexibility with our investors is a top priority with us at Glenroe Lending. We recommend you invest with us for the term of one year. It just doesn’t make sense for both parties to have really short terms for the investment. Having open communication regarding this is very important from the beginning.

Yes, taxes are one of the necessitates of life. There is no easy way of getting around having to pay taxes. The income you received as a result of investing with Glenroe Lending is taxed as passive income. The key to paying the least amount of tax is finding the person or company that has the lowest tax rate. When dealing with couples we recommend choosing the person in the lowest tax bracket for the choice of the name on the promissory note to pay the least amount of tax. You pay tax on the interest earned on the capital invested each year. We provide a T5 statement, prepared by our accountant for tax purposes. As always, it’s a good idea to run this over with your accountant to seek wise council on how to structure the investment. We are more than happy to deal with corporations as they often have lower tax rate.

Since this investment offers a calculated rate of return; reporting is very easy and predictable. At Glenroe, we recognize that reporting to our investors is crucial and very important for each person. Each client has an investor statement where the monies invested are tracked and recorded, this is always available to our investors upon request. We send this out annually to all investors at year end along with the T5 tax statement. Should you wish to see it mid-year please request it from mollie@glenroelending.ca.

In order to keep this investment simple and easy to administer we do not offer shares in Glenroe to our investors. When shares are offered to investors a new level of complication and administration is introduce that requires a very strict set of regulations to be followed by the Securities Commission. We have decided to keep things simple and utilize loan agreements and promissory notes between lenders and borrowers. This method of investment keeps things simple and easy to understand for all.

Your investment with Glenroe is considered a passive income investment. This will put money in your pocket each month. The amount of capital you invest will be the amount of capital that is returned to you upon the completion of your investment. That is the beauty of this investment, your capital remains constant over the term of the investment. We commit to returning the exact same amount of capital you invest through the promissory note. The interest payments you receive from the capital invested is paid on a monthly/quarterly basis. You then have the choice each month to reinvest that interest to add to the capital of the original investment. This investment is not considered a capital gain investment because you are not buying a share and seeing fluctuations in the value of the capital you invest with. There is a high level of security for the investor in the fact that the capital you invest remains constant throughout the term of the investment.

Glenroe pays interest on either a quarterly basis or a monthly basis depending on the size of your investment. For investments under $50,000 we pay interest quarterly. For investments over $50,000 we pay interest on a monthly basis. This makes this a simple interest investment because the interest is paid and not automatically reinvested. We have found that most people like receiving the interest back on a regular basis and then are given the choice to reinvest the interest earned. About 10% of our investors choose to reinvest the interest with us. At Glenroe, we understand that choice and recognize that passive income may be needed and utilized elsewhere in each investor's unique situation.

Monthly/Quarterly interest payments reminds investors that their money is working for them as an employee, by depositing funds back to them. his builds trust and confidence in the choice that people make investing with Glenroe Lending which is fantastic for all.

The business model at Glenroe Lending is designed with liquidity of capital in mind. We aim to have capital returned to investors within 30 days of being requested for investments less than $100,000. For investments more than $100,000, we work to deliver these funds back to our investors within 3 months of notice. There is a high velocity of cash moving within the company with money coming and going with our flipping clients. Glenroe always has some “reserve capital” on hand to allow for funds to be returned to investors. The more the total of capital funds invested grows, the more reserve capital is kept in reserve for liquidity purposes.

“Access to capital is much more important than the cost of capital”. Glenroe’s clients cannot easily access cash from traditional lenders because of the term the money is needed. Typical projects Glenroe invests in are from 4-12 months. Banks are not interested in these time frames simply because the term of the mortgage is too short for them to make any money. Real estate flippers need access to capital and are able and prepared to pay high rates for it making their businesses profitable.

Glenroe would exercise a foreclosure on the property in jeopardy. John would then take over the property, add the needed capital to finish the property and either sell it or add it to the buy and hold portfolio. This is why we only invest in product that we understand, have experience with, can control and can take over if need be.

Real estate has historically followed cycles. It can go up and go down. When dealing with our real estate investors flipping houses, it really doesn’t matter what the market does. As house prices go up, the purchase and sale of the product goes up. As house prices go down, the purchase and sale of the product goes down. In other words, margins matter, house prices do not. The business models for these products are based around the difference of how the product is bought, the value is added and then how the product is sold (or in some cases refinanced).

If Glenroe can’t find places to invest, your money will be returned to you. Like any good investment opportunity there is always a chance that it could come to an end. If that happens with Glenroe, as mortgages come due and new opportunities cease to exist, capital would be returned to all investors until new opportunities present themselves. The good news is there are plenty of great opportunities to invest in real estate. Glen- roe spends a lot of time working with real estate clients and seek out new opportunities to invest in on a regular basis.

Glenroe invests only with experienced flippers (these clients complete between 20-30 projects per year on average) . They work with the same type of properties over and over; cookie cutter, boring projects that have a very low risk of failure. We are also very diversified across the country in different provinces to spread our risk. We like many smaller projects (30 plus projects) as opposed to 2 or 3 large projects.

Glenroe has an extensive team of people working together with them. Standard Operating Procedures are all put in place and things are very thoroughly recorded. Making sure every detail of our business is covered is a huge priority.

John has always been a huge believer in having a great team of people surrounding him. We have a team of mentors, coaches, accountants, lawyers, bookkeepers and office administrators all carrying out different roles in the business. All of these people are very committed and have a thorough understanding of our business model. In 2021, John’s three daughters, (Emma, Josie and Mollie) have all joined the business in different roles and are very excited to carry this business on to the next generation.

Simply put, you are required to sign this form to meet the requirements of the Securities Commission of Ontario in order to invest with us. This investment is classified as a risky investment because we can only offer you an unsecured investment through the form of a loan Agreement and promissory note. It simply informs you that you are accepting this risk and have an understanding of the risk associated with this investment. By carefully educating you on what you are investing in, we believe that this investment is actually extremely safe because of what and how we are investing your money. Glenroe Lending invests money in real estate products that offer a very HIGH level of control with a very LOW level of risk to create a great return for their investors.