NES Financial achieves 200th EB-5 project milestone
San Jose, CA, March 11, 2014 – NES Financial recently passed another unprecedented milestone by entering into an agreement to provide EB-5 Escrow and Fund Administration solutions on its 200th EB-5 project.
“This unmatched rate of adoption proves the value that our innovative EB-5 solutions provide,” said Reid Thomas, Executive Vice President of NES Financial. “Unlike generic escrow providers, we recognized the highly specialized requirements of EB-5 and developed solutions using our purpose-built technology-based services. As a result, we deliver the most advanced and comprehensive solution for EB-5 issuers and their investors.”
Having been involved with projects raising over $8 billion in EB-5 capital gives NES Financial an unmatched level of industry expertise. The company has worked on projects in a wide array of industries, ranging from single investor direct investments to high profile development projects involving well over 1,000 investors. This breadth of experience has given NES Financial a unique perspective on understanding the needs of the EB-5 industry and enabled the development of a comprehensive suite of solutions and best practices to meet the needs of the market.
NES Financial has created Escrow Administration Solutions specifically designed for the EB-5 industry. In addition to EB-5 escrow, the NES Financial Fund Administration solution provides automated workflows, real-time dashboards, and compliant reporting functionality so that issuers can streamline the EB-5 process from start to finish. As a result, NES Financial clients enjoy tremendous improvements in operating efficiency, and their investors benefit from the highest level of security and transparency.
“We became an early adopter of NES Financial’s solutions. After many years in the EB-5 industry, we recognized the value that NES Financial solutions would bring to our internal operations and project management,” said Joseph McCarthy, Principal of American Dream Fund. “We continue to use the unique capabilities of their EB-5 solutions to improve our business processes, allowing us to work more efficiently and provide better service to our investors.”
As the market leader, NES Financial is continuing to revolutionize the EB-5 industry with innovative enhancements to its EB-5 solutions suite. Learn more about the new EB-5 Immigration Workflow solution announced earlier this year.
About NES Financial
NES Financial provides technology-enabled services for the efficient middle and back office administration of highly specialized financial transactions. Our custom solutions include EB-5 escrows, 1031 exchanges, and fund administration transactions. Many of the world’s largest financial institutions and corporations rely on our proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized two years in a row by Inc. Magazine’s 500|5000 list as one of the fastest growing private companies in America, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.