What is M N Partners, Inc.
M N Partners, Inc. began in September, 2000, and is incorporated in the state of Alabama, and have numerous outside capital investors investing into the program. MNP will have an investment holding company completely regulated through the federal and state regulators to be able to sell bonds, and stocks to the market through a separate division of MNP. Frank DeLucca is the founder of M N Partners, Inc.
M N Partners, Inc. has a lucrative program that is completely legal, and you have the option of being completely passive or introducing it to at least 2 people. It's incredible, you can become financially independent through the use of 'MNPartners' loan program. Loan proceeds are NOT TAXABLE!
Mission & How MN Partners Came to Be
The mission of M N Partners is to create a way for all people to fulfill their dreams by helping other people. We truly believe that with the efforts of like minded people working together, as a team, all things are possible.
We are looking forward to working with you and if you have any questions, please feel free to contact me. I will return all emails, but please be patient, sometimes it takes a day or so for me to get back to you
Before you read the application enclosed, please read this explanation of how this program came to be and how it works.
In August of 2000, some people in our business network realized they had a marketing plan that actually works and they may actually make millions of dollars within two to three years. They were talking about the massive taxes they would have to pay. When added up, federal, state, social security, medicare and all other taxes, over 50% of what you earn will go to taxes. They wanted to know what they could do. Mr. DeLucca said, "I'm sorry but it is income and as long as it is income it is taxable".
After the meeting, he began to think if it wasn't income, then it may not be taxable. It occurred to him that there is only one way for money to not be income. If it were a loan, then it would not be taxable.
After meeting with an Attorney and a CPA he realized the only way a loan plan will pass the scrutiny of the IRS, is there must be a definite pay-back plan.
I know you are probably wondering if this is legal. Yes it is. You see, "The Company" will be collecting money from you in fees and interest and we will be paying taxes on our profits. But because a corporation doesn't pay social security taxes and medicare taxes off the top and with the deductions that corporations have that individuals don't, the tax burden will be much smaller than yours. In other words this is not tax evasion but you are deferring your taxes to the corporation.
Up until now you couldn't keep borrowing money because the more you got in debt, the harder it was to find a bank that would loan you the money. Now you can continue to borrow money the rest of your life and not worry about paying it back, because it will be paid off upon death.
M N Partner's Loan Program develops a simple yet highly effective `one on one' relationship between individuals and M N Partners, who will loan increasing sums of money on the self improving credit rating you create for yourself. These loans are covered by an Insurance Policy, so that if you die, the debt is paid off. If M N Partners, Inc. (hereinafter referred to as `MNP') stops making loans to you, then the contract to repay the loan is "Null and Void". Once your loans are above $10,000 USD per month, MNP asks that you re-invest up to 50% of your loan back to MNP on a one year term @ 4% ROI (explained in detail below).
Loan Breakdown
(A more detailed breakdown is located on the Loan Application)
Month
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Loan
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Payment
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1
|
$ 50.00
|
$ 2.22
|
2
|
100.00
|
6.57
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3
|
200
|
15.19
|
4
|
400.00
|
32.35
|
5
|
800.00
|
66.60
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6
|
1,600.00
|
134.98
|
7
|
3,200.00
|
271.74
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8
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6,400.00
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545.20
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9
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12,800.00
|
1,092.03
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10
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25,600.00
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2,185.65
|
11
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51,200.00
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4,372.81
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12
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100,000.00
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8,640.52
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13
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105,000.00
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12,962.09
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How It Works
In Month 1, MNP sends you $50USD, less the 1% Life Insurance and you receive a promissory note for $50, and an invoice for the monthly payment of $2.22USD, due in 30 days. Of the $2.22, $0.25 is interest and $1.97 is principal. This means the balance on the 1st loan is $48.03. A 1% Life Insurance payment is also deducted.
When you pay $2.22 within 30 days, then MNP will send out your Month 2 loan of $100, less the 1% Life Insurance, with a new promissory note that will be a consolidation of the blance due on your 1st loan added to your 2nd loan, equalling $148.03. The new payment is $6.58, due in 30 days.
Each month the loan amount doubles ($200, $400, $800, etc.).
Each loan is based on a two-year amortized, 6% APR, monthly installment loan. Within 16 months you will be netting over $100,000 each month.
At 12 months you receive a loan of $100,000. After the first 12 months, your loans will always grow at 5% a month, but your payments are growing by a smaller % than the loan, guaranteeing the two never meet. The difference of the loan to the payment will always be larger.
MNP asks that when you reach the $10,000/month level (Month 9 with one loan unit - a loan unit is explained below), you loan back to MNP one-half (1/2) of the amount after the 1% and your payment has been deducted - to be repaid to you in 12 months @ 4% interest.
Example:
Month 9 your receive $12,800 less 1% Insurance = $12,672
$12,672 less your payment of $1,092.03 = $11,579.97
½ of $11,579.97 = $5,789.99
You keep $5,789.99 and loan MNP $5,789.99 @ 4% interest due in 12 months.
You will be repaid in Month 21, in addition to your regular monthly loan, $6,021.58 ($5,789.99 + 4% interest)
This process continues monthly for the remainder
In Month 12, you receive a $100,000 loan of which you'll keep $45,179, and loan MNP $45,179 @4% interest to be repaid in 12 months.
To Qualify to Receive Loans
A Fully Paid Qualified Loan Unit =
 You must fill out an application and send to M N Partners, Inc. with your check or money order (allow extra time for processing checks).
 You have two payment options:
 Send in your application with $300, which immediately qualifies you for one loan unit, -or -
 Send in your application with $100 and get two paid referrals who do the same.
 If you choose the $100 +two referrals option, you must get your 2 referrals in 30 days or pay the additional $200 ($100 if you have one referral).
 You have 90 days to ask for a refund, however, your refund will be your application fee less 5% processing fees ($95.00 or $285).
 It will take 3 - 4 weeks to receive your first loan ONCE YOU HAVE BEEN QUALIFIED as having a loan unit.
 You can purchase additional loan units, which will help you reach the $100,000 level faster.
 It will take 3 - 4 weeks to receive your first loan ONCE YOU HAVE BEEN QUALIFIED as having a loan unit.
 You can purchase additional loan units, which will help you reach the $100,000 level faster. However, once you reach the $100,000 level - you will only receive a total of $100,000 +5% each additional month regardless of how many loan units you have.
More Information
 If you fail to make a payment within 30 days after receiving your loan, MNP will send you a reminder and give you 10 days to make the payment. If the payment is not made, you will be disqualified and will owe MNP the total amount owed. Also, the loans now become taxable.
 Because of the 1% Insurance benefit you are paying with each loan from MNP, if you should die, your loan is covered in full.
If for any reason, MNP fails to make future loan payments, the contract is "Null and Void" and you do not have to repay MNP for the balance of your loan.
 This program is NOT MLM or a business. You do need two (2) referrals with your $100 application fee, however, you do not make income from their participation. If one of your referrals should quit the program, this will not affect you in any way.
 You should deal with M N Partners, Inc. the same way you would deal with any company who is loaning you money.
 This is a lifetime loan application.
 Weekly conference calls are held on Thursday evenings, 10:30 EST and the call is available 24/7 for listening purposes. To participate call 1-212-461-5860 pin code 2888#. Playback of the conference call is available at 1-212-461-2562.
Please take your time and review all of the information on this website and the Yahoo Group Site. I have included a page titled "January 18 Conference Call". This call gives loads of information on the M N Partners Loan Program that you should review.
The enclosed information is master copies, if you choose, duplicate the forms and refer others to MN Partners. If you don't refer anyone to our program that is fine, there is no requirement to do so.
Regarding the Loan Application
While the Loan Application located on this site is an actual copy, I would suggest either emailing me for a copy ( .doc or .rtf) or printing it from the Group Site mentioned above.
For more information or questions you may have, please contact:
Annette Ouchie
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