Winston Rowe & Associates non investment advisory, consulting and initial due diligence processes and methodologies is a client driven process. It's important that requested (required) supporting documents be submitted in a timely manner.
Your transaction will never fund if you do not provide all of the requested (required) supporting documents and information in the correct format to Winston Rowe & Associates.
Prospective clients can obtain a sample list of supporting documents to review in the Home Page of this web site and in the email signature of email@example.com
Prospective Client's must request a transaction summary, from Winston Rowe & Associates that must be signed and submitted via email in a MS Word format for Winston Rowe & Associates to consider you as a client.
Incomplete transaction summary documents will not be processed.
It’s important to note that if you are a broker, consultant or intermediary submitting a transaction, that it includes the prospective clients contact information. Without it, Winston Rowe & Associates will not consider you as a client.
Upon acceptance of the transaction summary, the ensuing steps are an overview of the advisory, consulting and initial due diligence process.
Please note; private equity transactions require different engagement and due diligence procedures.
Step 1 Transaction Summary:
Upon receipt of the transaction summary, the material facts as presented by the client will be reviewed by Winston Rowe & Associates.
If the proposed transaction, based on the information as provided within the Transaction Summary submitted by the client appears to meet Winston Rowe & Associates pre-determined capital source(s) financing criteria it will be submitted for an initial review.
Step 2 Processing & Initial Due Diligence:
If there is a preliminary interest or the proposed transaction appears that it meets with a Winston Rowe & Associates predetermined capital source(s) criteria,
Winston Rowe & Associates will schedule a conference call with the client to review and verify the material facts as presented by the prospective client (client) and then provide to the prospective client a list of supporting documentation needed (required) to begin the initial due diligence review.
This is done prior to Winston Rowe & Associates sole descretion to formally submit the proposed transaction to the capital source(s).
At this time, the client will be placed under contract (Letter of Interest) with Winston Rowe & Associates.
This will enable Winston Rowe & Associates to proceed with ther non investment advisory, consulting and initial due diligence for the proposed transaction.
Please note; Winston Rowe & Associates utilizes a global approach for the initial due diligence.
This approach includes the review of all business and personal financial documents and credit.
When all of the required (requested) supporting documentation has been submitted to Winston Rowe & Associates, they will begin the non investment consulting, advisory and initial due diligence review to prepare the proposed financing request for the capital sources(s) underwriting at their sole descretion.
Please note; the proposed financing request Will Not be submitted to the capital source until all of the requested documentation has been provided.
The clock does not start until All of the supporting documents have been submitted, hence every day is day One of the initial due diligence.
At the sole discretion of Winston Rowe & Associates , if it is found that there is any material fact misrepresentation of the transaction by the client’s representative or the client.
The transaction will be terminated at Winston Rowe & Associates sole discretion without cause.
Step 3 Submissions To The Capital Source(s) For Underwriting:
Once Winston Rowe & Associates completes the initial due diligence of the proposed transaction it will be formally submitted at Winston Rowe & Associates sole descretion to the pre-determined capital source(s) for underwriting and potential funding.
During the pre-determined capital source(s) underwriting phase of the the proposed transaction, If it is found that there
is any material fact misrepresentation of the transaction by the
client’s representative or the client.
The transaction will be terminated, without cause.
Winston Rowe & Associates may require additional supporting documentation.
Step 4 Commitment Documents, Reports & Loan Closing:
Upon completion of
underwriting the pre-determined capital sources will issue general terms
and conditions defined within a Letter of Interest or conditional commitment documents.
The client will be placed in direct contact with the capital source to finalize the transaction.
Once the proposed transaction has completed underwriting; property reports are then ordered.
These reports are paid for, prior to funding by the client which include; appraisals, surveys and studies. Report types vary according to real estate type.
When the necessary property reports are completed. The title work is ordered and a closing is scheduled.
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