Stage 2: Dataroom Preparation

In preparation for Backer due diligence, you will need to stand up a virtual dataroom. For this, we recommend you use a virtual dataroom service that allows you to track investor engagement (e.g. Docsend).

At the minimum, your dataroom should include:

• An overview speaking to your historical performance

• Material speaking to the performance of your borrowers

• Transaction structure and security overview document explaining how security works in the instance of a default

• Agreements you have in place with your borrowers

• Deal Specific Documentation such as:

  • Term sheets

  • Loan Agreements

  • Security Agreements

  • Any other transaction documents you think necessary