The financing assessment is a three step process:

1. You complete a questionnaire and provide background information about your business
2. We meet for up to three hours to evaluate your financing needs
3. CEC provides a written assessment with recommendations for one or more financing options

Your written assessment includes what CEC will charge to complete each recommended financing option.  Unlike the typical hourly fee contract, you know up front what it will cost before deciding whether to hire us.

You pay in installments, making it possible to raise needed funds without a large up-front commitment.  If you choose to stop the process during the engagement, no further installments are due.

If you hire CEC to work with you on a financing, your assessment fee of $2,000 is credited toward the cost of the financing.

Example

Acme Technologies works with CEC to complete a financing assessment for a fee of $2,000.  After the assessment, CEC provides a written report that includes the following recommendation (note that the report would contain details about the reasons for the recommendation and the pros and cons of each option):

“Based on the information you provided, we recommend that you select one of the following options:

1. Pre-sale of product X to 5,000 customers – CEC fee $3,000
2. Private offering of preferred stock to 50 accredited and unaccredited investors – CEC fee $20,000
3. Partnership with nonprofit X to apply for workforce training grant – CEC fee $5,000.”

(Note that CEC fees do not include government filing fees, postage, or other similar costs.  We provide an estimate of those costs in our assessment report.)

Acme selects the second option.  Its $2,000 assessment fee is credited toward the $20,000 fee to complete the financing.  The estimated time to complete the financing process is four months.  Acme makes the following payments to CEC:

Month 1: $3,500

Month 2: $3,500

Month 3: $3,500

Month 4: $3,500

Upon completion of financing: $4,000.