Barrington Hollister Corporation Advises clients to prepare before making application for investment

NASSAU, Bahamas - Jan. 6, 2014 - PRLog -- When applying for an investment or loan for one’s venture, strategy, care and consideration should be foremost in  the principal’s mind in an effort  to avoid delays in having the project considered for funding.

Over the past years, many applicants have submitted projects for funding  without properly outlining the investment’s  requirement and its purpose.

A perfectly prepared business plan is one of the tools essential to endowing  the principal with estimated figures for his or her project.  In addition to this, an applicant should take into consideration the essential pre-costs of submitting the project for private funding.  These costs entail, but are not limited to: due diligence, compliance, courier and professional fees.  While many costs may be factored in at the closing, due diligence, compliance, courier and some professional fees must be borne by the applicant and said expenses cannot be undertaken by the broker or “loaned” to the applicant by the broker until advancement of funds.

Due Diligence and Compliance are KYC procedures and said procedures determines the venture’s eligibility  for funding. Therefore, no investor will approve a project for funding unless proper due diligence has been performed coupled with acceptable compliance.  There is compliance with regulatory rules, compliance with self-imposed firm policies and procedures of the investor as well as best practices to consider in this performance.

Although offshore companies adhere to the Rules and Guidelines of the individual country of incorporation coupled with the country of origin of the investment, the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Exchange Act of 1934, the Securities Act of 1933, have bearing on the manner in which many firms conduct business internationally.

With the stabilization of the world’s economy, global  industries are now implementing better financial policies and procedures and self-imposed compliance to which all applicants must adhere.

According to the Chairman of Barrington Hollister Corporation, Allan Abrahams, all applicants are advised to  properly view BHC Process (http://www.barringtonhollister.org/our-process) prior to making requests to proceed with any business matter. It is not the policy of Barrington Hollister Corporation or its subsidiaries to assist applicants with pre-costs. All projects must be able to  sustain financial accountability, adhere to compliance and undergo normal due diligence process.

Applicants that are not financially capable of overseeing his or her pre-costs are required not to apply until financially stable.

As a result of confidentiality agreements between Barrington Hollister Corporation, its clients and associates, all information are held under these terms and conditions. BHC undertakes all aspects of business and consultation and encourages applicants to act responsibly.  Visit the web site (www.barringtonhollister.com) or email president@barringtonhollister.com for complete detailed information.