Important: Please read all sections of the Get Funded Now funding process completely before submitting your PPM. Once you have submitted the PPM, you will then be sent a paypal invoice for payment of a non-refundable review fee in the amount of $100.00. The review fee is to cover the costs associated with the review process.
We do not sign non-disclosure agreements, therefore, do not include confidential information. Certain exceptions to the signing of non-disclosures will be observed due to licensing of proprietary materials from third parties that are integral to a business strategy. On a case-by-case basis, and as requested by the applicant (or team) the agreement can further identify very specific non-disclosure items, as well as blanket non-disclosure.
Get Funded Now will hold all materials received in confidence and will return the materials upon request. Confidentiality of materials does not apply to public information that is available through issued patents, printed publications, other public material, or information required to be disclosed pursuant to a court of law, or in compliance with federal, state or local laws.
The guidelines for submitting your PPM for review are as follows:
Create a written PPM. We require a written PPM to fully evaluate an investment prospect. The PPM should include the following sections:
Create a written PPM. We require a written PPM to fully evaluate an investment prospect. The PPM should include the following sections:
SEC disclaimer
Name of Company
Share price evaluation
Date of Share subscription
Subscription Amount
Introduction to the PPM
Name of potential investor and unique number identifier
SEC non-registered notices
Table of Contents
Summary of Private Placement Memorandum
The Company – Description of company and products
Market – Target market description
Competition – Overview of primary competitors
Location & Facilities – Overview
Management/Personnel – Name and Title
Summary Description of Securities Offered
Securities Offered
Shares Offered
Price per Share
Common Shares Outstanding before the Offering
Common Shares Outstanding after the Offering (Minimum / Maximum)
Use of Proceeds
Summary of the Terms of Offering
The Offering
Minimum Investment
Closings
Suitability
Subscription Agreement
Shareholders Agreement
Risk Factors
Risk Related to Business
Risk Related to Industry
Risk Related to the Offering
Use of Proceeds
Dividend Policy
Capitalization
Dilution
Balance Sheet
Projections in the Business Plan
Business
Description of the Business
Legal Proceedings
Management
Executive Officers and Directors
Board of Directors
Board of Advisors
Compensation of Directors and Board of Advisors
Executive Compensation
Stock Option Plan
Limitation of Liability of Directors and Officers
Principal Stockholders
Description of the Securities (Series A Convertible Preferred)
Voting
Conversion
Liquidation
Dividends
Issuance of other Series of Preferred Shares
Shareholders Agreements
Description of the Other Classes of Shares
Capital Stock
Voting
Dividends
Liquidation
Issuance of Other Series of Preferred Shares
Restrictive Share Transfer Agreements
Tax Considerations
Terms of the Offering and Investor Suitability Standards
The Offering
Private Placement
Investor Qualifications
Subscriptions
Underwriting
Legal Matters
Available Information
The PPM should clearly indicate what factors lead to a sustainable competitive advantage that differentiates the business, including the fundamental value proposition for the customer and any channel partners.
Include an Introduction to the PPM. The first few pages of the PPM should summarize the entire PPM. The Introduction should contain summary financial information.
Be Patient, Follow-up via E-Mail. We typically review a PPM within 10 business days of receipt of the review fee, but sometimes it takes longer; feel free to follow-up via e-mail.
PPM's that meet our Funding Criteria will be forwarded to the Review Committee for consideration. The Committee will select those proposals that best meet the Funding Criteria and appoint a committee member to contact the company for additional information. At this point, the Company will be required to enter into a Consulting Agreement for our firm to assist in the negotiations and other activities that may be required to secure the funding.
In consideration for the Consulting Services to be performed by Consultant under this Agreement, the Company will pay Consultant a nonrefundable initial consulting fee of $1,000.00 at the time Company and Consultant sign the Agreement. In the event Company obtains any funding, then Company shall be given a credit in the amount of the initial consulting fee at closing. When the Company receives funding, the Company will pay Consultant a performance fee percentage (percentage negotiated) of the total of the proceeds (or value) invested and/or loaned to the Company. This compensation to Consultant shall be based upon the gross amount invested and/or loaned, prior to any deductions, expenses or offsets of any kind. Payment will be made by bank wire transfer to the order of Consultant at closing out of the proceeds of the funding (or value).
