14. PROCEDURES AND MATERIAL NEEDED IN ORDER DO A JOINT VENTURE 90% FINANCING FOR 65% OF THE OWNERSHIP OF THE PROJECT
1. Two pages executive summary.
2. An LOI on the owner’s letterhead, telling us exactly what they are building and they are looking for a joint venture for 90% with 65% of the shares with no repayment. Repayment comes from the profit of the 65%.
3. A tear sheet or a letter from the principal's bank showing that the principals have 10% of the loan required sitting in a special account verified by the bank of the origin of the money and that money is clean and not received from the proceeds of money laundering.
4. Information about the owner (s), and all the individuals that are considered shareholders, including; their names, addresses, addresses and website address.
5. Passport picture page in color, of all major shareholders that make up the 35%.
6. Copies of the building permits and operating permits.
7. Origin of the 10% owner's investment, which they will need to inject into the project, including a letter from the bank stating that the money is clean and unencumbered.
8. If the individuals have companies that hold their shares, please add to the personal information; the names of the companies, addresses, phone numbers, addresses and websites addresses.

15. 9. Budget
10. Cash flow requirement for the construction period.
11. Approvals by the government; please attach letter or approvals
12. Government guarantees, please attached letters
13. Guarantee format, please attach format
14. Land; is the land owned? When was it purchase? How much did it cost; please attach offer to purchase. If the land was donated by the government; please attach correspondence.
15. The principals; please attach the net worth statement in great detail of assets and liabilities, certified by an accountant, dated and signed. Resumes in great detail of the principal and any other people who will be active in management.
16. Corporation; a copy of the articles of incorporation, first three pages.
17. Three year audited financial statements of the corporation with a certification by an accountant.
18. If it is new company, an opening balance sheet, certified by an auditor.
19. Project; detailed explanation of the project.
20. Detailed description of what is going to be built.