Capital Sourcing
Capital sourcing professionals fall under two categories: Investment Bankers and Unlicensed Brokers. Investment bankers typically charge both multi-month retainers and large success fees. Most unregistered brokers work purely on success fees alone. Unregistered brokers are largely unaware that being paid on the success of the sale of any security is illegal. Many of these transactions go unnoticed, but there is high risk to business owners unless the unregistered broker follows a very specific process.
As compliant unregistered brokers, we have a duty to support a legal and ethical process. We can help business owners identify sources of capital, support document and strategy development, and make introductions to those capital sources. Since success fee charges are not compliant, we charge competitive upfront fees to prepare client for their capital raise. Any unregistered broker who promises anything else is simply over promising. Read more about raising capital the right way
When working with Blackboard expect the following
- Client submits business plan or other documentation for review to determine if we can add value to the capital raise process. If we can not meet your needs you will be notified via email.
- If existing documentation does not require material modifications or improvements, Blackboard will begin by matching our clients needs to potential funding sources. If the clients supporting documentation is not complete or correct we are happy to address this at a fixed hourly rate.
- If we identify a funding source that matches your needs we will request a face to face meeting - In this meeting clients are expected to pitch us as they would pitch our funding sources, as well as provide more in depth information. The better we understand your needs the better we can meet them.
- Client and Blackboard enter into an engagement agreement
- Blackboard will help connect the client to our exclusive network of funding sources. Typical projects take between 1-3 months to fund under ideal conditions.
Fee Structure
We charge competitive retainers with no fixed long term commitments or termination fees. Our goal is to identify funding sources in the Private investment, Venture Capital and Private Equity arenas and help you develop a strategy to get commitments from these investors.
