Program Requirements

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To ensure an efficient process with us, it is crucial for our clients to have a complete understanding of our program requirements. FlexFunds’ securitization program is widely known for its robust operations and legally sound due diligence. Working hand in hand with our customers will ensure that the investment vehicle is structured in such a way that meets our client’s customized terms, while complying with the requirements of the program. Depending on your product preference, please see the basic and operational requirements below.

Basic Requirements

Accepted jurisdictions for the incorporation of the client and flow of funds
Preliminary Due Diligence of Directors
Financial Assessment of Company
Minimum company size
At least 3 employees and 1 Chief Compliance Officer
Assets under management
Minimum revenues
FlexPortfolio FlexPortfolio
FlexIBPortfolio FlexIBPortfolio
Fund
N/A
N/A
N/A
FlexFeeder FlexFeeder
Feeder Fund
USD 10M if Regulated Entity / USD 20M if Unregulated Entity
N/A
Private Equity
N/A
N/A
FlexPrivateProgram FlexPrivateProgram
Loan 1
N/A
USD 2M for Secured Loans
Asset Transfer
N/A
N/A
1 All FlexETP Loans must be backed by collateral.

Operational Requirements

2-year audited Financial Statements. If not, unaudited statements for the last 3 fiscal years with their corresponding tax returns
Minimum transaction size
Minimum investment required
Agents
Portfolio Manager
Custodian (Interactive Brokers or BNY Mellon)
Auditor
Fund Administrator
Liquidation Agent
Valuation Agent
Legal Counsel to client
FlexPortfolio FlexPortfolio
FlexIBPortfolio FlexIBPortfolio
Fund
N/A
USD 5M
EUR 100,000 if based in EU, USD 100,000 if based out of EU
N/A
N/A
N/A
N/A
N/A
FlexFeeder FlexFeeder
Feeder Fund
USD 5M
EUR 100,000 if based in EU, USD 100,000 if based out of EU
N/A
N/A
Private Equity
USD 5M
USD 100,000
Optional
N/A
FlexPrivateProgram FlexPrivateProgram
Loan
N/A
USD 5M
USD 100,000
Optional
N/A
N/A
N/A
Asset Transfer
USD 20M
25% or more of the issuance size
Optional
N/A
N/A
N/A

Important Concepts:

  1. Loans: A loan that is backed by collateral. All FlexETP Loans must be secured, and the auditor must verify the value of the collateral and guarantee that there are no other parties with claims on it in the event of default.
  2. Minimum transaction size: The lowest amount for which FlexFunds will evaluate a proposed transaction.
  3. Minimum investment size: The lowest amount for which an investor can put money into a proposed transaction.

Disclaimer

These requirements are presented for general illustration purposes only and may vary in accordance to each issuance or during the life of the Series. The information provided herein is presented for informational purposes only and does not constitute a promise or guarantee, nor constitutes an exhaustive list of the only requirements under the Programme.

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