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Prism strives to provide prompt and effective feedback within 5 business days. We utilize a 5-step evaluation process for each opportunity submitted:

A. Receipt of a two to four page executive summary or a full financing plan. At a minimum, the summary or plan should include:
  (1) a summary of the Company's products and/or services;
  (2) 3 years historical balance sheet, income statement and cash flow;
  (3) summary biographies for the key members of the management team;
  (4) Proposed transaction structure; including the amount sought, uses of funds and capital structure.
   
B. Initial review of the summary and financials.
   
C. Communication of a decision to proceed, to defer or to pass.
   
D. In the event that a decision is made to proceed, a request for additional information, including ownership structure, detailed historical and projected financials, Company history and full resumes of key personnel. At this stage, we also typically provide a list of specific questions to management.
   
E. A face-to-face meeting with the management of the Company.

If there is mutual interest in proceeding, Prism will expediently issue a proposal letter, perform due diligence, and based on further due diligence issues, move toward final documentation and closing.

Prism recommends that companies contact us early in their fundraising process, as we can be of significant assistance in bringing other sources of capital to the table in the event that we choose to lead a transaction.