NES Financial announced today that it has entered into an agreement with VerifyInvestor.com to offer online, accredited investor verification services in conjunction with NES Financial’s existing suite of EB-5 Solutions.
The online investor verification platform is a cost-effective method for issuers of EB-5 investments to ensure their investors are accredited. The recently approved JOBS Act lifted a ban on the general solicitation of private investments, provided that issuers take “reasonable steps” to confirm that investors are accredited. VerifyInvestor.com provides a simple way to comply with the requirements of the JOBS Act.
“NES Financial is the ideal partner to offer this solution,” said Jor Law, Co-Founder of VerifyInvestor.com. “Their industry-leading EB-5 Solutions have been adopted by many Regional Centers for EB-5 escrow and fund administration. The service provided by VerifyInvestor.com is a logical extension of their suite of solutions and will bring additional efficiency to Regional Center operations.”
NES Financial has a suite of EB-5 Solutions designed to meet a critical need for Regional Centers and their investors by providing a complete audit trail of the flow of funds throughout the life cycle of the investment – from the moment the initial investment is made until the settlement of the investment account after the completion of the immigration process. The addition of VerifyInvestor.com enables NES Financial to provide even more efficiencies prior to the investment being made.
“An important part of our mission is to provide purpose built solutions that enable our clients to efficiently comply with the legal and regulatory requirements associated with complex financial transactions,” said Reid Thomas, NES Financial EVP. “Our agreement with VerifyInvestor.com helps our Regional Center clients comply with the JOBS Act, with the ability to quickly and easily confirm their investors are accredited.”