Meridian×QBG
Private · Confidential · By Invitation
A Founding Tranche · By Invitation

The Trust Ladder.
Short cycles. Real proof.
Then scale.

A first tranche of clinic fitout co-funding deals across Australia. For the first three projects, we split project profit fifty–fifty with our investors. Capital returned in full on completion, profit on top. The point is not the deal. The point is the cycle, and the alignment.

Profit Split
50 / 50first 3 projects
Cycle Length
~90days
Ticket Size
$250 – 500kAUD
The Cycle

Capital in. Build delivered. Profit split fifty-fifty.

01
Step 01

Capital In

Investor places funds into a per-clinic SPV. Security registered against the QBG fitout contract and receivables.

Step 02

Build Executed

QBG delivers the medical fitout. Thirteen years of specialist clinic and radiology experience. Fixed scope, fixed timeline.

Step 03

Profit Split

On practical completion, investor receives principal in full, plus 50% of project profit. Meridian/QBG retain the other 50%. Documented, auditable, repeatable.

Step 04

Recycle

Investor elects to redeploy into the next clinic, increase ticket size, or step into the broader Meridian platform.

The Three Rungs

Each cycle earns the right to the next.

i.

Proof

One clean win. A small circle.

The first two clinics. A handful of investors introduced through Mayor Fahmi and the Meridian principals. The objective is not yield. The objective is to show the mechanics work end-to-end, on time, on terms, with profit shared equally. A track record begins with a single closed cycle.

Tickets
$250 – 500k
Term
~90 days
Returns
50 / 50 profit split
Capacity
2 clinics
ii.

Repeat

The same investors. Now with warm intros.

The third clinic completes the founding tranche, still at the fifty-fifty profit split. From the fourth project onward, the structure transitions to standard fixed-return mechanics. Investors increase ticket size and bring trusted peers. Same security, same discipline, now reinforced by real exits on the books.

Tickets
$500k – 1.5M
Term
90 – 120 days
Returns
50/50 → fixed yield
Capacity
3 – 5 clinics
iii.

Platform

First right on what comes next.

Cycle One and Two investors gain priority access to NUR Developments raises and longer-dated structured opportunities. The clinic facility continues in parallel as the working-capital engine. Relationships compound. The platform is open only to those already inside it.

Tickets
$1M+
Horizon
12+ months
Access
NUR + structured
Capacity
Invitation only
Why It Works

Built deliberately to de-risk the first conversation.

01

Aligned, Not Extracted

For the first three projects, profit is split fifty-fifty. We earn what you earn. There is no fixed payment obligation that compels us to deliver, only shared upside that motivates us. Aligned interests, not arms-length yield.

02

Real Builds, Signed Contracts

Each SPV is funded only against a clinic with executed contracts and a clear practical-completion date. The capital is not speculative. It sits behind committed, in-progress work.

03

Per-Clinic SPV Structure

Each deal is ringfenced in its own vehicle. Clean entry. Clean exit. No co-mingling of risk. Every investor sees their position discretely from start to finish.

04

Thirteen Years of Delivery

QBG has executed specialist medical fitouts for over a decade across radiology, dental, and multi-modality clinics. The track record is not theoretical. It is the foundation of the cycle.

Deal Mechanics

The structure, in plain terms.

Vehicle

Per-clinic SPV. Promissory note or unit trust, investor preference.

Security

Registered charge over the fitout contract and project receivables.

Return

Principal returned in full. 50% of project profit, paid on practical completion.

Term

Capital returned in full at completion, typically ninety days.

Counterparty

QBG (13 yr track record). Meridian Co. as platform sponsor.

Founding Tranche

First three projects only. Subsequent rounds transition to standard structured returns.

Reporting

Weekly progress note. Site access on request. Audited completion certificate.

Next Steps

This first round is small by design.

Two clinics. A short list of investors brought in by people who already sit at the table. The point is to deliver one clean cycle, then build from there. We are looking for two or three names from the right circle. A fifteen minute call to walk through the structure is enough to begin.

Direct Contact
Nofel Quddusi · Meridian Co.