Steve Ponte is a seasoned Chief Executive Officer with over 15 years of experience in financing, construction, and development. As the CEO and Co-owner of PHL Capital Corp, Steve is a key player in Canada's real estate focused investments and non-bank lending products. With a background in relationship management at TD Commercial Banking, Steve also holds a Bachelor of Business Administration in Finance and Marketing from Simon Fraser University. Steve has held leadership positions such as Past President at BC MIC Managers Association and currently serves as a Board Member at the Canadian Alternative Mortgage Lenders Association. Steve also takes on the role of CEO and Ultimate Designated Person at PHL Financial Group Ltd.
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PHL
PHL Capital Corp. serves as the manager and administrator of MortEq’s lending business. As such, PHL Capital is responsible for all fund administration, accounting, mortgage origination and mortgage management of MortEq. PHL Capital is licensed under the Mortgage Brokers Act (British Columbia) and its principals have significant experience in residential and commercial real estate, investment analysis and property management. PHL Financial Group Ltd. is registered as an Exempt Market Dealer (“EMD”) in British Columbia for the purpose of offering Class A shares of MortEq Lending Corp. (“MortEq”, or “the Issuer”), being a prospectus-exempt security, to persons (individuals, corporations and other legal entities) that are relying an exemption available to them from the prospectus requirement under NI 45-106. MortEq Lending Corp. has been qualified as a Mortgage Investment Corporation (“MIC”) since May 2007 and has been solely engaged in raising capital for investment in mortgages.
