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Entrepreneurs are invited to work with Money Finders, Inc. in identifying a potential investor to fund their project. To facilitate the process, each entrepreneur is asked to 1) provide certain information in such a manner as to identify the geographic and demographic need for which the product or service is intended, 2) clearly and briefly outline the specific manner in which the product or service addresses the market need and 3) show the financial opportunity explaining the return on investment (ROI), the collateral that supports the investment and how the investor will exit his participation in the project. To evaluate the number of project proposals submitted to Money Finders, Inc. each month, the following process is initiated to ensure promptness and efficiency in establishing the level of effort that will be necessary to identify a funding source for a project. Registered as a "finder" and not as a broker-dealer, its Associates are only permitted to locate, introduce and refer prospective investors to the officers or general partners of the Issuer and to deliver the Issuer's Offering Material to investors. Once this referral is made, you must deal either directly or by mail with the officers or general partners of the Issuer in order to make your investment in the Issuer's securities. Associates of Money Finders, Inc. are not allowed to make any offers or contracts to sell the Issuer's securities or to take possession or custody of the purchase price for any of the Issuer's securities that you may decide to buy. An Associate is required to have read the Offering Materials of the Issuer that have been given to you, but is not required to make an independent investigation of the Issuer's affairs. However, should the Associate be knowledgeable of any material information which he knows or reasonably should know to be material related to an investors decision, that information must be disclosed to you. The Process 1. The entrepreneur will submit all pertinent information on the project to the Money Finders, Inc. via electronic format (e-mail, floppy disk, CD) for evaluation. All information is treated with the utmost confidentiality during this process noting the information may contain sensitive information. (Submit all project documents listed below to Money Finders Project Review Committee .) Should you require help in compiling these documents, please indicate such and we will contact you regarding a solution to the problem.
2. Information will be evaluated by Money Finders, Inc. Project Review Board to determine if a) the project identifies a specific market niche, need or otherwise that supports the need of such a product or service, b) clearly states how the product or service addresses and supports the perceived market need, and c) provides evidence of "what's in it for me" so the investor understands how you would like him to participate. 3. Based upon the recommendation of the Project Review Board, the project will be accepted or rejected. 4. With acceptance of a project, Money Finders, Inc. will engage the entrepreneur through two agreements; a Non-circumvention and Non-Disclosure Agreement and a Finders Service Agreement. Each is intended to protect the entrepreneur and Money Finders, Inc. throughout the relationship. 5. During the Project Review Process, the submitted information will be evaluated for its ability to communicate to the investor. Should it be determined the information is lacking, recommendations will be made for improvement as the finding process will not commence until such time as the documentation is suitable for presentation. Money Finders, Inc. offers fee based support in business plan, financial and legal development should the entrepreneur choose this support as means to the end. 6. Once the project documentation meets the requirements necessary for investor presentation, it will be assigned a "docket number" and a finders team. The Team Lead will arrange a formal meeting to kickoff the finding process and introduce the participants who will work the project. Please note the finding process typically runs for 90 - 180 days during which time all activities are tracked and documented and "best effort" is extended by each team member. It is in everyone's best interest to identify an investor for the project in the shortest possible time, however, this effort will be limited to the extent it is practical to invest time and effort into it. The finding process does not guarantee an investor will be identified nor that an investor will be interested in your project. Money Finders, Inc. will, if successful in finding an investor, organize a meeting whereby the entrepreneur will have the opportunity to "sell" the project to the investor and work out whatever terms and conditions are necessary for the investment relationship to mature. Only when the project has come to terms will the entrepreneur be liable to the terms of the Finders Services Agreement. 7. The Team Lead will periodically update the entrepreneur with progress reports on the efforts being made on the project. 8. Should the finding process expire, the entrepreneur may elect to re-engage Money Finders, Inc. to continue the finding process for another specified term. How Funding Works findin findin Investment Qualifications
Helpful Forms The non-disclosure agreement Finder's agreement |
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