Private Investors and Private Money Meeting Fees
Welcome back!
You have probably heard the phrase “there is no free lunch.” And that is true in almost any endeavor. For the Private Money Investor or Private Money Lender, finding a project to invest in requires a lot of work and many times a lot of up front expense.
For the person or firm looking for private investors to fund their project there is a lot of time and expense involved there too.
Private Investing Costs Money
So starting or expanding any project gets expensive for both sides. What does that mean to you? It means that “there is no free lunch.” You need to develop a good business plan. That costs either time or money or both. Then you need to find a Private Investor. That also costs time and/or money.
We at Access To Private Money work with a JV Network Company that has put together a Private Money Investor Network. This cuts down the time involved in finding the private investor. However, that company gets paid in 3 ways:
- Investors pay a fee to be able to view incoming projects
- Clients seeking funding pay a meeting hosting fee to meet with the investors
- When a project is funded by an investor, the investor pays points on the amount funded to the JV Network Company.
What You Pay … And Where It Goes
To work with us at Access To Private Money to get your project funded you MUST pay the non-refundable meeting hosting fee to the JV Network Company before you can have an investor meeting. That fee goes to the JV Network Company to cover the costs of running the investor – client meeting.
Access To Private Money has NO control of the actual investor – client meeting, and the requirement for a fee by the JV Network Company. In addition, Access To Private Money cannot make that fee payment for any client seeking funding. And the meeting hosting fee cannot be paid as part of the fee due to Access To Private Money when the project is funded.
When and if the project is funded through the Private Investor Network you pay points to Access To Private Money on the amount actually funded. These funds come out of the money the investor is putting into your project at the time of closing the deal.
The amount of the meeting hosting fees is spelled out in the PDF file Joint Venture Funding Guidelines and Procedures which you receive when you request private money funding information.
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Tags: JV funding, Private Investor, Private Money, private money funding, Private Money Investor, Private Money Lender
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November 5th, 2009 at 5:52 pm
[...] is present at the investor – client meeting, we can’t control what goes on there. As stated in Private Investors and Private Money Meeting Fees the meeting fee goes to the JV Network Company, and Access To Private Money cant’ risk what we [...]