16/03/2012
Application Procedures
SMART BUSINESS CONSULTING SOLUTIONS LLP ("SBCS") is a business consulting firm that collaborates with various reliable business consulting companies and financial services companies in USA that are in a direct relationship with Lender/Investor underwriting groups who provides financing for USA and International Projects.
NOTE: Our US business partner does not charge an upfront retainer fee to look at a project and they do not require an exclusive engagement from the Client.
They will initially process the Client’s overview of his project for free to determine if it is the sort of project that they want to work on (they turn down initial project funding requests every week). Even though this form will provide basic information for an initial processing review of the Client’s project funding request, the Client should read and agree to what the Application Procedures will be, if after review, our US business partner wants to work on the project and do further processing and the Client wants to move forward as well.
NO PROCESSING FEE IS DUE WITH THE FILLING OUT OF THE INITIAL APPLICANT EXECUTIVE OVERVIEW FORM…. THEY ARE MERELY TRYING TO DETERMINE IF IT WOULD BE A PROJECT OF INTEREST THAT THEY WOULD WANT TO WORK ON.
However, even though there is no obligation, the potential Client should concur with these procedures before emailing them back a PDF file of the filled out and executed initial Applicant EXECUTIVE OVERVIEW form.
Our US business partner is a boutique commercial mortgage brokerage and consulting firm. They serve through their mission to be a catalyst to help achieve timely funding results for their Clients.
They assist Clients with traditional commercial financing requests but their specialty is working on real estate and business transactions that require creative structuring, that is, “outside the box smart funding assistance”. This structuring can take the form of senior debt financing, mezzanine financing, participating debt, subordinated debt, credit and/or balance sheet enhancement, equity capital, joint ventures, and high leverage financing.
Generally speaking, the manner in which our US business partner will process your funding request is as follows: after the initial inquiry by the Client or broker working on behalf of the Client and receipt of the Executive Overview form, our US business partner will do an initial processing analysis to determine the probability of securing funding for the Client and also to determine if they want to work on the Client’s project funding request.
If so, our US business partner will send an email response outlining to the Client or broker working on behalf of the Client, what specific documentation our US business partner will need in a complete package to present to their Contact or their Contact Lender/Investor and the FINANCIAL SERVICES CONSULTING AGREEMENT.
After receipt of the complete package and processing fee, our US business partner will then review the complete file and continue processing. If the package is not complete, our US business partner may request further documentation so that the review and processing can be as thorough as possible with the information provided; our US business partner will then do the business analysis, select their appropriate Contact or Contact Lender/Investor for that specific project, and then our US business partner will package up the file to be sent to their specific, selected Contact or Contact Lender/Investor for the next phase of risk analysis and due diligence.
Our US business partner’s Contact or Contact Lender/Investor will then conduct a careful review of the package. If the Client funding request meets the appropriate criteria, the project will also be pre-qualified by their Contact or Contact Lender/Investor and a formal proposal will be sent to the Client in the form of an engagement Letter of Interest (“LOI”).
The engagement LOI will outline the funding parameters of the transaction available to the Client based on the information available at that time. Upon the Client’s receipt of the engagement LOI, they may visit directly with our US business partner’s Contact or Contact Lender/Investor to discuss the transaction and ask any appropriate questions, ask for clarifications, or modifications, if needed.
When the Client comes to a comfort level, and a “meeting of the minds” as to the language in the engagement LOI, agreement with the terms, and wishes to proceed, then the Client executes the engagement LOI. The ex*****on of the formal engagement LOI shows “good faith” to our US business partner and to their Contact or their Contact Lender/Investor that the Client has read, understands, and is in full agreement with the terms of the engagement LOI.
Depending on the protocols of the specific our US business partner’s Contact or Contact Lender/Investor chosen by our US business partner, they may proceed based on the executed engagement LOI or they may issue a formal Application. If so, it will reflect the terms and conditions of the engagement LOI. At ex*****on of the formal engagement LOI or Application, an Application fee or other type of fee may be required by our US business partner’s Contact or Contact Lender/Investor from the Client, subject to the complexity of the transaction, travel required, and is determined on a case-by-case basis.
Lastly, assuming that the Client provides in a timely manner all of the needed documentation, 3rd party reports as needed, and complies with all underwriting requirements, funding may occur within 30-45 working days after receipt of all the documentation items required by our US business partner’s Contact or Contact Lender/Investor. (These procedures may vary based on the Client’s funding request and the specific our US business partner’s Contact or Contact Lender/Investor chosen by our US business partner that will receive the funding request.)
If you are serious about securing funding, please email us a 1 to 5 page Executive Overview to:
SMART BUSINESS CONSULTING SOLUTIONS LLP
Mr. Albert Deak
e-mail: [email protected] - for projects' submission