U and I Business Consultancy LTD

 

PROCEDURES

The process starts by sending us a complete Application Form and an Executive Summary of your project and further information related to the additional documentation that is available or is to become available. After receiving your Application Form and Executive summary, we look at five key factors to determine the idea’s potential. These five factors are: market potential and business model, management strengths, products, customers, and competition. We require a clear, concise and complete description of the business opportunity.

  1. Our evaluation consists of contacting five to ten selected Investors from our Database that most likely could have an initial interest in your project. We only consider a project viable when at least 20% of the Lenders/Investors we contacted show an initial interest in the possible financing of your project.
  2. Once we agree to accept your project, we will ask you to sign our standard Financial Advisory Agreement (FAA), Commission Agreement (CA), and Letter of Intend (LOI). These agreements will recite the services U&Iis to  provide, the time frame for the assignment , the document that should be submitted to us and our compensations. As previously explained, U&I”s compensation will consist of a retainer fee, plus a success fee of at least 3% based upon the amount of financing raised, should the project be taken to completion.
  3. Once we have received from you the signed FAA, CA, and LOI, we’ll send you our invoice and banking details to enable you to SWIFT wire Retainer Fee
  4. U & I will present your project to selected Financing Sources and Companies and contact up to 100(if necessary) Financial Institutions and Private Investors from our Database.
  5. As soon as one more financial institution and / or private investors require a business plan for their review- if not yet received- we need you to send your business plan to U&I by e-mail (preferred), or as MS word or PDF document on a floppy Disk or File by DHL, UPS or FEDEX. U&I will edit (only if necessary) your business plan, make copies and submit it to all interested institutions and/ or investors.
  6. The prospective investor(s) will examine your business plan, your team, vision, strategy and business opportunity more closely. If they are satisfied with the business model, they might wish to meet with the management team or carry out a visit. Once they have reviewed your introduction, they would pass the proposal to the next stage of their evaluation process.
  7. In the most case, they would hope to reach the Negotiation Stage within 2-4 weeks after reviewing the business plan. Each deal is different to give a precise idea of the total process time to complete, but we estimate between 30 and 60 days.
  8. Once they agreed on the terms and conditions of the deal, they enter the final Due Diligence Stage. At this stage they complete their legal, accounting and business review in order to obtain confirmation of all the information collected in previous steps.
  9. And finally, Completion. Once the diligence is complete the terms of the deal can be finally negotiated and, once agreed by all parties, the Lawyers will draw up an agreement in principle, and then the legally binding completion documents, the entrepreneur ensuring of course that he understands all the legalities included therein.