What documents should customer have for the first meeting?
The Customer could bring along copies of:
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Last balance sheet, P/L statement
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The shareholders structure for the time of inquiry
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The draft description about the project (detailed business plan is not required)
It would be very helpful, if the Client could have thought about answering these questions:
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Are you ready to give up part of your ownership in exchange of financing instrument?
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Have you ever had a financial partner?
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Do you possess own resources and time for the project?
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What is the uniqueness of the project? How easy one can copy it? How are you going to protect your competitive advantage?
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Is the market attractive for profitability growth?
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Do you have a team for the Project?
What is the stake that is interesting for the SBIM?
Target share is 34%, but there could be other solutions as well.
What is the term of participation in the capital for the SBIM?
The maximum term is somewhat between 1 and 3 years.