Investment Process
Cost
LSC will charge an arrangement fee of between 2% and 6% plus VAT. 50% of this fee is payable on agreeing the terms of the investment and 50% on completion of this investment. The size of the arrangement fee will depend on whether the company has first presented to the LBA network (the fee being lower if it has). The company will also be required to pay for the legal costs incurred by LSC in completing the investment. LSC will also charge an ongoing monitoring and advisory fee each year while it is a shareholder.
London Seed Capital - New City Court, 20 St Thomas Street, London, SE1 9RS - Tel: 0207 089 2303 – Email: sarah@lbangels.co.uk
London Seed Capital is part of the GLE Growth Capital Group - Legal Terms