San Jose, CA, January 28, 2016 – NES Financial announced today that its Intelligent EB-5 Escrow Administration Solution has been selected by Rhode Island EB-5 Regional Center on its Quick Fitting Manufacturing project.
Quick Fitting Manufacturing is a state-of-the-art manufacturing facility being built in Rhode Island to support Quick Fitting’s exponential growth. EB-5 funds will be used to acquire advanced manufacturing equipment and expand their current facility.
“Advanced manufacturing development with EB-5 capital is a win-win for investors and manufacturers but comes with a fair amount of complexity,” said John Cronin, COO of Rhode Island EB-5 Regional Center. “The team at NES Financial has more experience working with EB-5 projects than any other service provider in the industry and, as such, provides us with the ability to offer the highest likelihood of success to our investors.”
NES Financial’s suite of Intelligent EB-5 Solutions is designed to cover the unique requirements of the entire EB-5 process, start to finish. Each solution provides security, transparency, and compliance for the utmost investor confidence in a project. Whether utilizing select products, like the Intelligent EB-5 Escrow Solution, or the entire bundle, these unique solutions take care of the middle and back office administration so issuers can focus on doing what they do best.
“In recent years, EB-5 capital has been primarily used as a job-creating tool in commercial real estate projects, although it can also drive job creation in other sectors, like manufacturing,” said Reid Thomas, NES Financial Executive Vice President. “We developed our solutions to support the unique needs of our EB-5 clients across a multitude of applications and industries.”
Read the full press release by clicking here.
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