San Jose, CA, March 5, 2015 – NES Financial is pleased to announce the addition of its latest product to the leading suite of EB-5 Solutions. The Intelligent EB-5 Reservation Account Solution is designed to help investors securely “reserve” their spot in a project through placing funds in a secure escrow while the offering documents are finalized.
Putting together compliant offering packages for EB-5 projects takes time and can be delayed by an increasingly complex regulatory environment. At the same time, the EB-5 industry continues to be competitive, often pressuring issuers to start marketing their projects sooner. This creates a challenge for issuers who want to secure a place in a project for interested investors prior to the completion of the offering documents. The NES Financial EB-5 Reservation Account Solution bridges this gap.
“NES Financial’s Intelligent EB-5 Reservation Account Solution has allowed us to quickly and efficiently close our investment deals with investors at the earliest possible stage,” said Steven Paley, President and CEO of Rapid Security Solutions, LLC. “Getting investors’ funds into an account while the offering documents are still being completed not only helps us but also gives investors comfort in knowing they will be able to participate in that offering as soon as the ink is dry.”
The EB-5 Reservation Account Solution is part of NES Financial’s suite of Intelligent EB-5 Solutions, which has been used in over 250 projects representing more than $10 billion in capital. Each solution brings the utmost level of security, transparency, and compliance to the EB-5 process. Whether utilizing select products or the entire bundle of solutions, these unique solutions take care of the middle and back office administration so issuers can focus on doing what they do best.
“NES Financial is known for going above and beyond to assist our clients in any way we can to simplify the EB-5 process,” said Reid Thomas, NES Financial Executive Vice President. “The EB-5 Reservation Account Solution balances the needs of both the issuers and investors while still upholding NES Financial’s founding principles of security, transparency, and compliance for everyone involved.”
The Intelligent EB-5 Reservation Account Solution is one of the new solutions NES Financial has developed thanks to the upgraded version of its unique eSTAC® technology, which enables the quick development of products to help meet market demand. Intelligent EB-5 Reservation Account is part of NES Financial’s commitment to providing innovative solutions to the EB-5 market and will be demonstrated at the company’s seminar series in February and March.
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 administration, 1031 exchanges, and fund administration services. 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 by Artisan Business Group as the 2013 EB-5 Service Provider of the Year and by Inc. Magazine’s 500|5000 as one of the fastest growing private companies in America two years in a row, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.