Anybody who want to promote projects worth billions of USD should be able to commit at least 0.5-1% in CASH and assets into his own projects.
Having a nice executive summary is not enough as the investor should not be expected to bear all the risks in a project.
Upfront fees are the most common talked about issue in the financing industry. For those who may not know, an ‘upfront fee’ is any amount of money requested to be paid by the borrower to the lender/investor BEFORE closing the loan and distributing the funds to the borrower. I’ve heard countless terms from funding sources […]