FNP is an Investor in its own proprietary projects only. It does not invest in second party projects.Does FNP charge any Application Fees, Pre-Due Diligence Fees, Meeting Fees, Risk Analysis Fees, or any other type of “advance fees” to originate second party financing?
Yes, we may charge a nominal fee to set up an account with the funding Investor. We will also charge an Origination Fee and/or a Success Fee to be paid upon closing.
That depends upon the funding Investor’s own requirements. All Expenses in a transaction are disclosed to a client at the time of a Conditional Commitment. In general, our Investors do not charge loan fees. A client is responsible for transaction costs, however. Loan fees are one thing; transaction fees another.
We will consider both debt/equity and straight debt.
For international transactions: $5M. For a domestic, U.S.A. transaction, we may consider less.
That depends on your definition of a Start-up. We do not finance a piece of paper called a “Business Plan”, no matter how well prepared it is. We do finance a proven Business Model, however. In other words, a Start-up must be operational together with a sound Business Plan.
We state 90-120 days, but delays are caused more often by the client than us or our Investor.
Submit to us a qualified Executive Summary. We do our best to respond within 3 business days. If we want to take the next step, we will provide you with a list of documents we need to review.
Virtually all of our business is referred to us by brokers. We keep them constantly “in the loop” as we proceed. An Applicant is the client of a broker; the broker is our client. Our business is to enhance and support the broker.
We have listed the most frequently asked questions about our funding process and we will update these regularly.