How do I Sign Up with the FirstBroker Network?
+ You may Sign Up online. Your Email Address will be your Username and be used to Login. To become an Associate Partner the FirstBroker Network requires acceptance of the Terms and Conditions, agreement with the Procedures, a complete application with accurate contact information.

How Do I Enter a Project with FBN?
+ FBN utilizes an integrated database system with its web sites to enable easy and effective transmissions of requests throughout its network of over 2,400 members. To ENTER A PROJECT you must fill out the Questionnaire. This form will take you through a list of questions about the project. If you have already entered your contact information it will be attached to the project information.

When I Enter a Project what is the Procedure to get it funded?
+ This process is detailed in other areas of the site. Basically, an Associate Partner, who is a Direct Lender, Broker Correspondent or Private Investor will look over Available Leads or Project Funding Requests and determine which is suitable for his company to fund. He will then request this lead and begin a process of negotiation directly with the project owner or broker.

What is an Associate Partner?
+ An Associate Partner is a Direct Lender, Broker Correspondent or Private Investor who is a member in good standing with FBN. The Associate Partner has either funded projects with FBN or has provided complete certification requirements. This entitles the Associate Partner privileges to receive information on project funding requests from Certified Clients.

What is a Certified Client?
+ A Certified Client is a Member of FBN seeking funding and has provided a complete Project Funding Request including all agreements and requirements requested. Once these documents and requirements are fulfilled or the Client has shown or provides a history of solid business experience then they are considered Certified. An Associate Partner are assured if the Member is a the Certified Client that he will bring viable projects with a good chance of success.

Are the Costs to be a member of FBN?
+ FBN currently requires no direct cost to be a Member. In order to review and receive projects this may or may not require fees dependent upon the specific project being looked at. Lenders and Brokers are not about to waste time with "Dreamers" who have no capital or project plan ready for review. In these instances there may be requirements to achieve association. In the same way Clients seeking funds cannot afford the run around with brokers and lenders who do not have the capability of funding a requested project and and the Client may require proof of capacity. FBN has relationships with Financial Institutions to enable Fiduciary Services to hold funds on behalf of Lenders and or Clients involved in negotiation.

How Does this Fiduciary Process Operate?
+ A Client and or a Partner may request information through FBN on the Financial Status of the other. Under subsequent and separate disclosure agreements this information will verify capacity of the party in question. FBN has contracted with a financial Services company to operate as a Fiduciary and Trustee on contracts between its "Partners" and "Clients". In this way FBN is assured that both parties are serious in the negotiations and have placed reasonable consideration in such manner as earnest money. The private Financial Services Company can provide a clear statement according to the disclosure parameters specified. If the Client or Partner feel inclined to request additional consideration to the agreements between the parties the Financial Services Company may be used to insure, bond, hold funds or other collateral in trust under specific instructions of the Account Holder and Associate Partner or Client of FBN.

Why is a Fiduciary Necessary?
+ FBN has found through experience that Misrepresentation, Fraud and Criminal behavior of Lenders, Brokers and Clients has increased with little evidence to show that these types of actions will decrease. The need for a Financial Services Company acting as a Fiduciary and Trustee for Partners and Clients is a requirement of good business. In order to provide professional services to our Partners FBN has taken the step to establish Partner and Client credibility. The Client entering the project must be willing to show a certified financial statement, consideration and or collateral necessary to be accepted by a reasonable and prudent financial institution to be worth the time and expense to process the request. In the same way for a Certified Client to provide private, sensitive and expensive documentation to a Lender on a project the Lender must be willing to become an Associate Partner and have established a record of success or provide reasonable consideration to seek to fund a project of worthwhile value.

How Do Status Reports Operate?
+ Being in clear and continuous communication on what is occurring in the funding process is extremely important for both all parties. FBN's new Status Report system allows for a complete and quick overview of the Status on the projects that you are attempting to fund whether you are an Owner, Broker or the Lender. All parties are privileged to see the information if they have been accepted and given permission to access the file. If there is a standstill you may request updates directly from whomever needs to respond to get the project moving again. If there is an impasse then either party may request assistance from Administration to solve the problem. All Status Reports generate an email to the collaborating party to the fact that the Status Report has been updated.

Other Services?
+ Private Email is a new feature that allows Clients and Partners to communicate via our secure web mail system directly to each other using their Account # or Username / email address. The system is off the grid, fast, private and customizable for each project. As privacy and efficiency concerns affect the Internet FBN is solving this problems with better infrastructure.

Future Services?
+ FBN is looking into bringing together new features which will be of great benefit to the Members. Due to the nature of program development it will take time to design, build, test and implement these systems. If as a Member you find there is something lacking in our system which is of great importance please send us an Private Email to #2802 FirstBroker Project Administrative Services Website - http://www.firstbroker.net