We provide Proof of Funds for our clients who need to finish their business acquisition, commercial or residential real estate transaction. This is not a loan. We simply arrange a sub-account in your name or your company's name at our bank. We then deposit the required amount of funds into that sub-account. We remain the sole signatories on the account. We will open the new account, and the money will never move from the account. It is blocked, but free and clear. The account will be in your name for 30 days. After 30 days, the account will be in a frozen status for 90 days.

We must be satisfied with your capacity to pay the fee for providing Proof of Funds (known as the Arrangement Fee). Note that because of the considerable costs involved in providing Proof of Funds we cannot initiate the procedure without an upfront fee.

Payment of the Arrangement Fee after Proof of Funds is provided is not acceptable. Payment of the Arrangement Fee in the form of a "success fee" is not acceptable.

Proof Of Funds Process

• An Invoice & Escrow Agreement is created.
• The Arrangement Fee is paid to our Escrow Agent's Trust Account to protect both parties.
• Once the Arrangement Fee is paid, a Principal Agreement is then created detailing how the Proof of Funds is to be provided.
• This Principal Agreement includes details concerning delivery of documentation, bank coordinates, fees, and the protection for both parties.

Proof Of Funds Application Process

You are required to provide the required information (see below) to open the sub account:

1. Download the Client Identification Sheet and print on your letterhead
2. Certificate of good standing (or incorporation) if applicant is a company
3. Employer Identification Number (if available)
4. Corporate resolutions (we will provide draft template resolutions to be executed, if required)

Fax this set of documents to our office at (925) 215-4577 with a cover sheet detailing your request.

Upon cleared funds being received into the Escrow Agent's Trust Account, and upon receipt of the necessary documentation and the upfront fee:

1. A sub account is opened in the name of the client
2. Funds are transferred into that account
3. An account statement is issued within 15 days from receipt of the cleared funds and documentation

The Proof of Funds is valid for the period stated and, conditionally, may be extended. It is a condition in the Escrow Agreement that, in the unlikely event do not provide the Proof of Funds, the Arrangement Fee will be returned in full from the Escrow Agent's Trust Account to you.

Arrangement Fee for Proof of Funds

Amount	Fee
$250,000 to $999,000	4 pts
$1 Million to $5 Million	3 pts
Above $5 Million	2 pts

Upfront 50% of fee, balance of fee due upon closing with demand in escrow. Depending on the type of verification of the account, no more than 5 days for set up.

In addition, you will need to have 50% of the POF amount.

Whatever your funding needs, from a simple letter of credit to more complex financing solutions, Pronto Commercial Funding, Inc. is your ideal partner. Call us today.