Overview of Our Financing Process
1. Receipt of Executive Summary: Upon receiving the executive summary outlining the project, our team initiates the review process.
2. Initial Documentation Requirements: If we determine that the project aligns with the interests of our funding sources, we will promptly communicate our initial documentation requirements. The speed of this phase depends on the timely provision of the necessary documents by the clients.
3. Preliminary Evaluation and Internal Meetings: Once we have received all essential documents and conducted preliminary due diligence, our team convenes internal meetings to assess the feasibility of the financing request.
4. Presentation of Exclusive Professional Services Agreement: If we decide to proceed with the financing request, we will present the clients (and any involved brokers) with our Exclusive Professional Services Agreement. This agreement outlines our compensation structure, exclusivity period, and confidentiality terms.
5. Submission to Funding Sources: After receiving the Executed Professional Services Agreement and any additional necessary documentation, we submit the loan request to our funding sources. The timeline for receiving a Letter of Intent/Term Sheet varies depending on the interest of our funding sources, typically ranging from a few weeks to a couple of months.
6. Due Diligence and Final Proposal: Upon receipt of the Term Sheet, the client reviews the proposal and decides whether to proceed. If they choose to move forward, they cover the lender's required due diligence costs.
7. Closing the Transaction: Upon completion of due diligence, the lenders notify us of their readiness to proceed.
We work closely with the clients and their representatives to fulfill any outstanding
requirements and ensure a smooth closing process.
Throughout this journey, our team remains committed to securing financing on terms that align with the clients' objectives. We operate on a success-based model, with no upfront fees, ensuring our interests are fully aligned with yours.
Should you have any questions or require further clarification, we are readily available for Zoom meetings, conference calls, or in-person discussions at our office.
