If it is a regional center project the the investors will invest in a new commercial enterprise. The investors funds may first be transferred to an escrow account.The securities offering documents including the subscription agreement will state when the funds are transferred from the escrow account to the new commercial enterprise and then loaned to the job creating entity.( if the EB-5 project has a loan model ). The timing of the transfer will be based upon a number of conditions and all being different, and depending on the project.