I have been hitting up some well to do folks I know, looking for private funding to do deals. Well, lo and behold, it appears as if this will come to fruition next week. I have several investors who I will be meeting with to explain the details of what I do and where they come in, etc.
I know from some research that an SEC filing is probably in my near future. Can anyone shed some light on this? Am I required to file with the SEC if I borrow money from a private individual?
Also, I will need a financial disclaimer to be given to anyone who plans on participating. Can someone tell me about this? Where would I find one?
And what sort of client profile/information form should I use and what should be included on it?
Many thanks.