Private Money Lenders And Meeting Fees
Welcome back!
It seems like we have at least one question a week asking about the requirement for meeting fees when meeting with a private money investor. The person making the inquiry says something like this, “I can’t pay the meeting fees, so could you have them waived?” Then there’s the question like, “I’m not paying for a meeting fee until I know the investor will fund the project, so couldn’t the meeting fee be rolled into the fee due when the project funds?”
No Waiver Of Meeting Fees
Access To private Money can’t waive what we don’t have. The meeting hosting fees are a requirement of the JV Network Company we do business with for the private investors. Since we don’t have the right to waive the fees, we are not in a position to grant a waiver.
We Can’t Give What We Don’t Have
Access To private Money can’t give away what we don’t have. We are also not in a position to subsidize client’s meeting fees. Since no one at Access To Private Money 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 can’t risk what we can’t control.
So if you are thinking that maybe you are the client with a project so good that there has to be an exception for your project to be submitted, consider what you’re asking. Access To Private Money can’t give up what it didn’t have to begin with.
The Rules Of The Game
We all live by rules, and sometimes we don’t like some of the rules. But if you want to play the game of finding a private investor using the network of private investors assembled by the JV Network Company you have to play by their rules.
You have two options, play by the rules and submit your project for consideration, or find another game, another source for private investors. It’s really that simple.
If you choose to use Access To private Money to find private money investors we will be happy to submit your project for you. To get more details about the submission process you can request private money funding information and receive the PDF file Joint Venture Funding Guidelines and Procedures.
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