1. What is the first step in submitting a project?
Business Prospect should fill out the Printable Inquiry Form provided on home page www.cm-group.com and Executive Summary Form of the project provided on www.cm-group.com. On receipt of the information of your project, CMG will respond within 2/3 days with a CMG proposal for CMG Management & Financing Services. On acceptance of the CMG proposal, CMG and Client sign an agreement prepared based on the accepted proposal.
2. Who makes the decision to accept a project?
CMG screens all projects and sends proposals to those business prospects that CMG can contribute positively to organize finance for the project. Once we sign an agreement, a summary presentation package (Investment Grade Business Plan and Presentation Package) is prepared for each client/project. This summary package is presented to a list of screened investors/lenders and CMG will communicate the important and positive parameters of the project to each lender/investor. Also, CMG will facilitate Due Diligence of the client project to each Lender by conducting preliminary due diligence in advance.
3. What are your fees?
CMG offers Management & Financing services specializing in financing of start-up and expansion projects (Range $3 Million up to $250 Million). CMG earns all its fees through performance and deliverables. CMG charges professional fees to create
- Investment Grade Business Plan – deliverable 1
- Presentation Package(Ref. FAQ #9) - deliverable 2
- Letter of commitment from Lenders/Banks – deliverable 3
- Disbursement of loan – Deliverable 4
Each financing proposal is different as it involves evaluation of risk on the project and management skills of the principal(s). Hence, CMG compensation fees are quoted based on scope of the custom assignment. We submit proposal for CMG Management & Financing services within 2/3 days.
4. Do I need to send in a full business plan?
Yes! If available, this will help CMG in determining scope of the assignment. If you do not have a Business Plan, CMG can create one for your business/project as per the agreement to be signed.