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1. FREE PRELIMINARY TEST of the financing inquiry:
Please submit Executive summary (= Summary of the Business
plans of approx. 3 - 6 pages). Duration time approx.:
1 week.
2. During positive preliminary test distribution of a PQL
(Pre-Qualification Letter), i.e. appropriate Lending-Sources
(Investors) are identified. Validity period of the PQL: 2
weeks.
3. After receipt of the PQL: Distribution of an offer for
the establishment of a necessary SPECIAL PURPOSE COMPANY
(SPE = Special PURPOSE Entity).
The foundation charges depend on the height of the financing
volume.
4. Within the two-week period should a concluding decision
should be made whether the offer is accepted or not. Acceptance
takes place via a written LOI.
5. ESTABLISHMENT PHASE "OF THE SPE": Design
of the establishment documents, payment of the invoice in
accordance with written offer, establishment duration approx.
two weeks.
6. During the establishment duration submission of the complete
and detailed Business plan (BP) in English.
7. If point 5 and 6 are settled, the demand documentation
must be written in the name of the new SPE, because the SPE
is always the applicant = Non Recourse, customer never pledges
his private possessions.
8. Due Diligence Examination (DD), Due Diligence of
the Business Plan and other related supporting documents.
Duration time of the examination takes approx. 30 to 60 days
= international standard. The costs of the examination depends
on the expenditure and the investment volume of the project
as well as on the respective Lending Sources.
9. After positively examination distribution of a "Term
Sheet / Commitment Letter" and of the client's acceptance
production of the contracts, usually by lawyers.
10. Disbursement and Conditions: Ability only after
the Due Diligence Examination.
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