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   v. July 7, 2022
How to arrange your financing agreements: loan agreement, company participation, active partners, silent partners, donors, crowdfunding, crowdfinancing (on fin7.com)


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Click here:   fin7.com "Flash speed": You can immediately and instantly register your project needing to be financed. 20 minutes are sufficient. Boring preparation is not required. Just get started, type your description, and the job is done.
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Your ideas are welcome. We are proud to have the in-house skills to implement them. But sorry to tell the truth, even more welcome is your money as future co-investor of fin7.com .



Contact: ok @ fin7.com

(a) For paid services related to the content of this page.
(b) If you want to invest in this site or in fin7.com or in various related sites.

(c) If you want so suggest modifications of the text.

For example to respect legal aspects; or just in order to improve the "international" English language level of this page to "true" English. - Please copy the original text into your email. Then please add the rectification.



Help for the agreements with investors or lenders

As soon as you have the first credible investment offers for your project, you should prepare the contractual agreement.

The site administrator of fin7.com does not supply any case-related individual legal service. As soon as you have become a fee paying project coordinator, you will get instead links to helpful services how to find fitting free agreement templates for your country.

You can communicate legal aspects, questions and problems to the administrator of fin7.com . In alle cases you will get the answer by other links. If necessary, new text pages about the subject of your question will e created on the public Internet. The answer will be that you will get the link.


The agreement with investors or lenders

"For the details ask a good lawyer."...???

This is a typical declaration in recommendations. This is mainly in order to become free from any responsibility and liability.

There are not many good lawyers in this world who are willing to do an in-depth analysis for a bargain fee. Agreements with lenders or investors require a lot of considerations in order to be perfect.

Most of the problem does not concern legal aspects. The major problem is how to deal with the many cooperation aspects and the possible risks during the future of a project.

A good solution is to make first your own agreement concept. You find many many free text models on the Internet. Please go to the start page of: prof7.com and look there for the corresponding links.

Once that you have decided among all options what to put into your agreement with investors, partners or lenders, it might be a good decision to ask a lawyer to review your agreement concept. You should first ask the lawyer what he would invoice. There are many lawyers in this world. This is a standard task of legal professions. So you should avoid to pay a fortune. It should be a fair price for approximately 4 hours of work.

The lawyer will then take care that the legal requirements will be observed by the agreement details. This typically costs only a fraction, compared with a complete service by a lawyer.

Most investors and lenders will have a permanent cooperation with their preferred lawyer. So you could perhaps get the agreement reviewed for nothing (more precisely, paid by the investor or the lender). In this case, too, you should better first develop your own concept. Lawyers mostly do not like to make agreements with a coverage of all major future risks and events. But agreements without this have a high probability of later legal disputes.

You do not need to prepare an agreement document before registering a project on fin7.com .

This can be done later when stating the success of your search for money.

If you want to offer standardized participations in your project, there may be legal requirements to present complete documents before any binding decision about a participation. This is why the interaction among the users on fin7.com is explicitly declared as being not yet binding. In order to reduce the risk from this, you should better only register fair and honest and useful and credible projects on fin7.com . Your project description should show in detail the advantages and the possible risks.

On the other hand, investors, lender and contributors will be asked on fin7.com to make decisions only after careful consideration. Once that they have decided for a project and an amount, they should keep their promise in 100% of cases if their are not major reasons discovered later.




Truth? Changes every 7 days. Come back!
Wine maketh merry: but money answereth all things. - (Bible )

Gentlemen prefer bonds. - (Andrew Mellon )

I haven't heard of anybody who wants to stop living on account of the cost. - (Kin Hubbard )

A fool and his money are soon parted. - (George Buchanan )

Not greedy of filthy lucre. - (Bible )

__________________________________________________


Truth? Changes every 7 days. Come back!
Money is the most egalitarian force in society. It confers power on whoever holds it. - (Roger Starr )

Another good thing about being poor is that when you are seventy your children will not have you declared legally insane in order to gain control of your estate. - (Woody Allen )

How do you make a million? You start with $900,000. - (Stephen Lewis )

The wretchedness of being rich is that you live with rich people. - (Logan Pearsall Smith )

Money is the poor people's credit card. - (Marshall McLuhan )

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Truth? Changes every 7 days. Come back!
But then one is always excited by descriptions of money changing hands. It's much more fundamental than sex. - (Nigel Dennis )

Money can't buy friends, but you can get a better class of enemy. - (Spike Milligan )

There is only one thing for a man to do who is married to a woman who enjoys spending money, and that is to enjoy earning it. - (Edgar Watson Howe )

Interest works night and day in fair weather and in foul. It gnaws at a man's substance with invisible teeth. - (Henry Ward Beecher )

Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent. - (Robert Frost )



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