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July 28, 2015 2:05 AM ET

Capital Markets

Company Overview of NES Financial Corp.

Company Overview

NES Financial Corp. provides technology-enabled services for the middle and back office administration of specialized financial transactions. It offers back office and middle office fund administration solutions; and escrow administration solutions for various types of escrows, including earnest money escrow, subscription escrow, settlement escrow, client trust accounts, and other escrows. The company also offers EB-5 solutions, including EB-5 subscription, fund administration, immigration workflow, and settlement solutions, as well as EB-5 investor verification services; and 1031 exchange solutions, such as 1031 forward, reverse, program, and specialty exchanges. Its clients include large c...

50 West San Fernando Street

Suite 300

San Jose, CA 95113

United States

Founded in 1990

Phone:

800-339-1031

Fax:

866-704-1031

Key Executives for NES Financial Corp.

Chairman and Chief Executive Officer
President, Chief Operating Officer and Director
Vice President of Finance
Executive Vice President and General Counsel
Executive Vice President
Compensation as of Fiscal Year 2015.

NES Financial Corp. Key Developments

American YiYo Regional Center Selects NES Financial to Provide its Intelligent EB-5 Escrow Administration Solution

NES Financial announced that it has been selected by American YiYo Regional Center to provide its Intelligent EB-5 Escrow Administration Solution on the company’s latest development project in McDonough, Georgia. The company's suite of EB-5 Solutions has been used on over 300 EB-5 projects representing more than $12 billion in capital. The EB-5 visa program, created in 1990, encourages investment in projects that stimulate U.S. job growth, while providing an opportunity for foreign nationals to become lawful permanent residents. An applicant’s investment is typically held in an EB-5 escrow account prior to investment in the New Commercial Enterprise, which then uses the funds to create jobs. Henry County is located about 30 miles from the city of Atlanta, Georgia and is quickly becoming one of the fast growing counties in the state. The first phase of the project, the McDonough Hospitality Plaza, will include a Wild Wing Café, La Quinta Inn & Suites, and Home2Suites, and the second phase will feature development of another Home2Suites, a Holiday Inn, and Hyatt Summerfield Suites in various other cities within the county, each creating dozens of direct and indirect jobs. Construction on phase one of the project is already underway, with the completion date quickly approaching, and phase two is set to kick off this summer. The company's suite of Intelligent EB-5 Solutions was designed specifically for EB-5 to streamline the entire process from start to finish. Whether utilizing select products or the entire bundle, each unique solution can help issuers increase efficiency, reduce risk, and meet USCIS guidelines and SEC and FINRA requirements.

NES Financial Adds New Solution to Leading EB-5 Product Line

NES Financial announced the addition of its latest product to the suite of EB-5 Solutions. The Intelligent EB-5 Reservation Account Solution is designed to help investors securely 'reserve' their spot in a project through placing funds in a secure escrow while the offering documents are finalized. Putting together compliant offering packages for EB-5 projects takes time and can be delayed by an increasingly complex regulatory environment. At the same time, the EB-5 industry continues to be competitive, often pressuring issuers to start marketing their projects sooner. This creates a challenge for issuers who want to secure a place in a project for interested investors prior to the completion of the offering documents. The NES Financial EB-5 Reservation Account Solution bridges this gap. The EB-5 Reservation Account Solution is part of NES Financial’s suite of Intelligent EB-5 Solutions, which has been used in over 250 projects representing more than $10 billion in capital. Each solution brings the utmost level of security, transparency, and compliance to the EB-5 process. Whether utilizing select products or the entire bundle of solutions, these unique solutions take care of the middle and back office administration so issuers can focus on doing what they do best. The Intelligent EB-5 Reservation Account Solution is one of the new solutions NES Financial has developed the upgraded version of its unique eSTAC® technology, which enables the quick development of products to help meet market demand. Intelligent EB-5 Reservation Account is part of NES Financial’s commitment to providing innovative solutions to the EB-5 market and will be demonstrated at the company’s seminar series in February and March.

Cloudseed International Fund Selects NES Financial’s Intelligent EB-5 Solution Suite for Luxury Apartment Project

NES Financial announced that it has been selected by Cloudseed International Fund to provide EB5 Escrow, Fund Administration, and Immigration Workflow Solutions on the Regional Center's latest project, The District at Linworth. The EB5 visa program, created in 1990, encourages investment into projects that stimulate U.S. job growth, while providing an opportunity for foreign nationals to become lawful permanent residents. An applicant's investment is typically held in an EB5 escrow account prior to investment in the New Commercial Enterprise, which then uses the funds to create jobs. The District at Linworth has been recognized as an NES Financial Platinum Medallion project because it has embraced the entire suite of NES Financial Intelligent EB5 Solutions. The project is a 326unit Class A luxury multifamily apartment project being developed in Columbus, Ohio. Columbus is home to various Fortune 500 companies as well as the large research and development foundation in the world. NES Financial's suite of EB5 Solutions was built to cover the entire EB5 life cycle, from start to finish. EB5 Escrow Administration, EB5 Fund Administration, and EB5 Immigration Workflow track and manage the flow of funds and immigration documents with the high levels of security, transparency, and compliance. These capabilities ensure investor confidence and help EB5 issuers increase the likelihood of project and immigration success. NES Financial is the leading provider of EB5 solutions on the market, having worked on more than 250 projects representing over $10 Billion in EB5 capital.

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