Application Fee

 

Complete a free evaluation form (only takes about 10 minutes) and have an initial funding decision within 24 hours.

Our Process

100% Joint Venture (JV) Equity Financing--Our Process

What is Our Process? (typically 90 - 120 days from the date the LOI is signed and due diligence deposit received to close and fund)

  • Our process begins by submitting a completed Project Summary Form, along with an executive summary or business plan including financial projections and a team profile to james[ at ]gideongroup.net.
  • The project will be initially reviewed for free to ensure that it meets the fund's investment criteria (this is not a full underwriting of the file, only a review to determine that the project meets the fund's investment criteria).
  • Once it has been determined that the project meets the fund's investment criteria, the developer will be invited to formally apply by submitting the $500 application fee using the Pay Now button to the left.
  • Once the fee has has been paid and the funding package received, a letter of intent will be issued within ten business days.  If an LOI can not be issued after the application fee has been paid, the $500 application fee will be refunded.
  • After the LOI has been issued, the developer will be invited to participate in a conference call with the fund manager.  This will provide an opportunity to speak directly with the person responsible for funding the project.
  • If requested, the developer will be provided with reference information.  An invitation will also be extended for the developer to visit the investment fund's corporate office to meet with the fund manager one-on-one, if so desired.
  • Only after the developer's questions/concerns have been satisfied will they sign the LOI and submit the due diligence deposit as articulated in the LOI. Once this step is completed, the project is placed into formal underwriting.
  • Depending on the complexity of the project and the number of project reports that have already been prepared, i.e., feasibility studies, environmental reports, traffic studies, etc., underwriting can last from 90 - 120 days.
  • Within 30 - 45 days after the LOI has been signed and the due diligence deposit received, a Conditional Commitment to Invest (CCI) will be issued, which will outline the specific terms and conditions of the investment.
  • Within 60 - 90 days after the CCI has been signed, a Final Investment Agreement (FIA) will be issued.  The FIA and associated paperwork are the actual closing documents.  Closing consists of signing the FIA and other additional paperwork.  The first payment, or "Draw One", is usually made less than thirty days after closing.
  • The due diligence deposit will be credited back to the developer after closing.

 

Ready to get started? Click here to download a free evaluation form.

 

Contact: For more information email us at james[ at ]gideongroup.net.

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