NES Financial Achieves EB-5 Project Milestone
San Jose, CA, August 6, 2013 – Continuing to extend its market leadership, NES Financial, a leader in EB-5 Escrow Administration Solutions, recently signed an agreement to provide escrow administration services for its 150th EB-5 project.
“This unprecedented level of adoption of our solution reinforces the tremendous value that our innovative EB-5 solutions provide,” said Reid Thomas, EVP at NES Financial. “Unlike generic escrow solutions, NES Financial recognizes the highly specialized requirements of EB-5 and has developed specific technology-based services that mitigate risk and reduce expenses for financial institutions, while delivering a highly differentiated solution for EB-5 Regional Centers and their investors.”
As the leader in escrow and funds administration for the EB-5 industry, NES Financial is the only company offering a suite of end-to-end solutions specifically designed for the EB-5 market.
The EB-5 Suite of Solutions is designed to provide security and transparency of investor funds during the I-526 approval process and continues to track the flow of investors’ funds into the project throughout the entire immigration process. As a result of this services-based solution, its Regional Center clients enjoy tremendous improvements in operating efficiency, and their investors are provided with the highest level of transparency throughout the process. At the time of I-829 filing, a complete audit trail is available to demonstrate compliance with USCIS requirements.
“As one of NES Financial’s first EB-5 clients, we recognized the benefits that this solution would provide to our investors and the operational efficiency improvements for our Regional Center,” said Adam Blackman, COO for the Cleveland International Fund. “Raising EB-5 capital is competitive, and investors have responded well to our quality projects and the advanced levels of security and transparency that the NES Financial solution provides. We recently entered into our third project agreement with NES Financial.”
As the market leader, NES Financial is continuing to revolutionize the EB-5 industry with innovative enhancements to its EB-5 solutions suite.
About NES Financial
NES Financial provides technology-enabled services for the efficient administration of highly specialized financial transactions. Our custom solutions include EB-5 escrows, 1031 exchanges, and multi-tiered sub-accounting 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 running by Inc. Magazine’s 500|5000 list as one of the fastest growing private companies in America, NES Financial helps companies lower administrative costs, reduce risk, and improve ROI. For more information, visit www.nesfinancial.com.