What is the EB-5 market norm for the terms of an LOI?
I am a developer searching for an EB-5 capital provider for a construction loan. I found two providers, and both groups have a track record of raising funds, but the terms of the LOI seem to be different. One LOI makes our company responsible for paying for the entire package, including marketing costs. However, total cost to us is capped at a certain amount. The other LOI has our company paying for some of the offering expenses, but not the EB-5 capital providers' marketing expense. What is the EB-5 market norm for these terms of an LOI? The other terms on both of the deals seem to be similar.
Our law firm works with a Registered SEC and FINRA Broker Dealer who sources investors and offers competitive and regulated pricing. The same Broker Dealer has within its operation investment banking, construction and development experts to assist with the EB-5 legal and financial infrastructure and terms of the EB-5 raise.