|
How long does it take to
complete documentation?
It will always take 10-15
business days for the first draft of financials, once approved by
you we will have your full draft ready within another 3-5 business
days. Additional revisions are five business days.
I need to get
funded! What do I do once my documentation is
complete?
Depending on the type of
documentation we prepared, you will can approach any Bank or
the SBA loans, or Venture Capital and private investors for outside
investment. We will provide you with consulting
assistance in dealing with Banks or SBA. We also have aa
wealth of resources including venture capital firm listings that are
industry specific and region specific and contain full contact
information.
When seeking funding, you
are in competition with others seeking the same pool of investment
capital or investment consideration. Our documentation should
be used as your introduction, along with your tenacity and
character, which you must also use fully to secure the funding you
are seeking.
What form do I receive
my documentation in?
All Documentation is
emailed in PDF format. Once the final documentation draft
has been complete, we will email you a copy of the final PDF.
You may email your
documents to interested investors, or print and mail them if
required from your printer.
What is a Private
Placement Memorandum?
Most issuances of equity
securities must be registered with the Securities and Exchange
Commission. Registration documents include detailed disclosure,
historical financial statements, and third party audits that take
time to assemble. The process requires many hours of assistance by
attorneys and accountants, and the SEC review can last from 20 to 60
days. Registration alone can cost a business thousands of dollars
even before the offering makes any money.
A private placement,
however, is EXEMPT from federal registration. Exemptions have always
been available under the Securities Act of 1933 (the Act), but the
original exemption provisions (contained in sections 3(b) and 4(2)
of the Act) were vague and, therefore, risky for business owners to
invoke.
In 1982, the SEC adopted
Regulation D, which set forth objectives and quantifiable rules for
exemptions from federal registration. Offerings exempt under these
rules 504, 505 and 506 have become the most common cost and time
saving methods for small and growing businesses to raise capital
from private investors.
Essentially, this allows
LLC and Corporations of small size to sell shares of stock through a
Private Placement Memorandum. For example, someone seeking 1
Million in funding, may place 10% of their company's stocks for
sale. Selling 1,000,000 shares of stock at $1.00 each and
retaining 9,000,000 shares.
This is very
effective in raising funds as it allows for multiple investors, and
we highly recommend the use of this document if you are seeking
funds fast. We have been creating PPMs for years and will
be able to complete the creation of yours as well.
How
do I sign up? What information must I provide for you to get
started?
You can view
information on the services we offer through the services and
pricing links on our site. When you
are ready to sign up, simply click on the sign up link and click on the add to cart button under the service
of your choice and complete the payment screens. During
business hours, 9am-4pm EST Monday-Friday, you will receive a
confirmation email and receive a client ID the same day.
On the sign up page you
will find a link to download our new client form, complete and return the form via
email and we can begin on your project the same day. No
further information will be needed to begin on your initial
draft. If further information is required, it will be
requested upon delivery of your first
draft. |