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A. Procedure to be followed:

1) For the initial meeting and consultancy:          No charges
2) If the client is interested to deal with SBMS, he should send a brief executive summary of project, Last three years financial summary, company profile, promoters particulars and an Expression of Interest on his letter head along with an application fee of : Rs 2,000/- (Rs. Two Thousand Only ) non-refundable by DD payable at New Delhi in the name of ‘Spark Business Management Supports’

3) After getting preliminary assessment, if the project could be considered for investment / funding options, the Client shall enter into an Agreement / MOU for retaining the services of SBMS.
The Retainership amount payable by the client shall be 5% of the Service Charges, upto a maximum of Rs 25,000/- (can be mutually agreed upon), which shall be refundable and form part of the overall service charges.

4) Any traveling related expenses outside Delhi, even for initial meeting shall be borne by the Borrower.
B. Service Charges / Professional fee : (subject to negotiation depending upon the project involvement)
For funding upto Rs. One Cr           3%
For funding above Rs 1 cr           2%
C. Normally, the payment terms will be : ( subject to mutual agreement)
a) 5 % of the service charges shall be payable on filing the Application
b) 25 % at the time of getting the Letter of Approval
c) Balance 70 % on disbursement of the loan amount (after adjusting the retainership fee already paid at the time of Agreement / MOU)

Application Form

Name of the Unit
Constitution Proprietorship Private Ltd Public Limited
Paid up capital
Location
Authorised person:
Phone No
Email
Brief particulars of requirements