Starting a MIC

Launch your MIC with Dolphin’s full suite of MIC products and services. From origination to servicing to a full accounting package, our MIC Management suite of products will provide an end to end software solution for your MIC.

Thinking of starting a MIC?

Dolphin Enterprises has been working with MICs for over 14 years implementing and enhancing MIC Manager software. Contact info@dolphinent.com for recommendations on best practices and suggestions for how to get started.

Implementing MIC Manager software will deliver a ready-made administration system to instantly deliver a backend office. No need to spend days creating an administration system but instead have a full end to end solution with MIC Manager for all functions and features for effective MIC Management.

Questions?

Please email info@dolphinent.com or call us at 604-685-6721 to assist with your MIC.

Compliance Reports

Dolphin Share Module contains all required reports under National Instrument 31-103 and CRM2 regulations. MIC Manager contains current Commission and Fee reports, report 45-106 as well as the current required Investor Performance report. Compliance reports, particularly the Investor Performance report, require a record of posted transactions. MIC Manager is able to analyze the data in order to accurately generate these reports.

MICs:

  • Investment Pools of capital which provide alternative sources of lending from the traditional banks
  • Must comply with the Income tax act to receive tax incentives
  • Must be audited annually
  • Provide an excellent and consistent return to investors
  • Requires extensive reporting, data management and interest calculations
  • Must meet provincial security, mortgage and compliant regulations

More Information

Ten Top Tips for MICs, as published in the Summer 2010 edition of The BC Mortgage Broker magazine.

MICs: Make Money on Debt, an article published by moneysense.ca.

Top Tips for Managing MICs

Top Ten Tech Tips, that every MIC needs to know

Legal assistance to set up a MIC;

Article from the CEO

Contact Us

609-850 West Hastings Street, Vancouver, BC V6C 1E1 • Office (604) 685-6721
For inquiries, contact Shannon Dolphin: info@dolphinent.com