How The Funding Process Works

A.  Call (310) 728-5369 or email gnewman@iBanksLawyers.com  to introduce yourself and your project.

B.  There is no charge for your initial consultation.

C.  If at the end of our initial conversation we determine that we feel we can be of assistance to you the next step is we will review your business plan at no cost to get further details on your project.

D.  If we still feel we can assist you after reviewing your business plan the next step will be that we will issue you an Engagement Letter.

E.  Depending upon the stage of development of your project, your current sales, assets and other factors it may be possible for us to issue you an Engagement Letter without a retainer, which means we will assist you on a "success" fee basis. 

F.  The next step is for us determine who is the best fit for your financial needs and then to start discussions with those funding sources that are a good "fit" for your project.  See this  list of iBanks we can introduce you to http://www.finra.org/AboutFINRA/MemberFirms/ListOfMembers/P012908

G.  After we get confirmation of interest in your project from one of our funding sources then the next step is to get you a Term Sheet that outlines the requirements for closing the transaction.

H.  Once you review the Term Sheet then we can help you to negotiate any of the specific terms necessary to arrive at a meeting of the minds between you and the funding source.  Once that is done then the Definitive Agreement is executed by all of the parties.

I.   The final step is for us to help you meet the conditions for closing and setting up the escrow account for funds to be transmitted.