Global Star Capital - "Endless Funding Possibilities" - Rich Cocovich, Founder
I have more than one other partner and we equally make decisions, will you work with us? Yes. HOWEVER, we have found that 99% of the time when there are multiple partners that make "equal" decisions, a deal will never close due to the egos and internal fighting of the principals. We always encourage that a sole principal be named for leading a group. If you follow our lead, we will be sure to make this all smooth for you.
I have read blogs, rip off reports, chat room conversations about paying fees and how all fees are bogus. Can you explain your views on fees? First, Mr. Cocovich is a high end professional and has been for decades. High end professional perform services that obtain results. If you think you will be funded without a high end service and a through game plan plus want everything in life for free, you should quit searching for capital right now. Second, never believe everything you read on the internet in terms of the private funding world. Most postings on line are from disgruntled people who ask for a mountain of money but cannot afford their car payment. Anyone could literally take your name and project, post it on the internet in five minutes and state that it is the worst project in the world----and people would believe what they typed. Third, anyone who critiques our protocol without being a client and has gone through our process is living in the low minor leagues of our industry. There are only a few people privy to the protocol that have not been clients. We are in high demand because solvent people who understand that rues professionals are paid accordingly hire us on to obtain results. Fourth, in any loan or process, there are fees involved. In any contract there are fees involved. Our job at Global Star Capital is to minimize those fees for our clients and provide them a reputable source to fund their project who gives green lights through our hard work. We are professionals in the same category as corporate attorneys or certified public accountants. Our clients understand the value of the services we provide. Never let the chance of your project being funded become ruined by our extremely nominal fees. If you cannot afford our nominal fees then you should not be looking for funding. In today's markets, a make or break on funding a project should not be because of unwillingness to pay standard (and in or case nominal) fees that all lenders and professionals require.
I have a hired person on my team who advises me that "Death and Taxes" are the only thing guaranteed in life. They have always found a way to advise me "no" when dealing with people. What are your views on this topic? First of all, if you are paying ANYONE to give you advice that "Death and Taxes" are the only guarantees in life, you are wasting money. For the most part, we have never met an adviser or attorney that could actually fund a deal themselves. That should sum up our views of the topic.
Does Global Star Capital ask for any equity in projects? Typically the answer is no, our company does not as the lending sources (other than our own money) frown upon pieces of equity divided up before a project appears on their table. Sometimes our clients are so impressed of our services that they will offer us a percentage stake as a kind gesture or to make the deal work. We have received equity stakes of anywhere from 1% to 10% (outside of funding projects ourselves) from these kind gestures and appreciate them immensely. You may be required to give up equity as part of the process with the funding source (depends on the avenue and structure of your project).
Why do I have to provide a multitude of documentation on my project? It is required by the decision makers who control the funding to have all of the proper documentation in order. We want to be able to present your project in the right way to the sources or the companies that may be in place to facilitate for them. The sources require all of the documentation we ask for in their stages. Our philosophy is to gather the documentation in the early stages in order to show that you are serious. By doing a thorough job, we lessen the time frame it will take going toward funding and show our full value to our clients. Those who are lazy fail. Those who are cheap and want everything in life for free or "wrapped into funding" fail. Those who follow our protocol succeed. However, if you do not have a business plan, yet have thorough expertise in the project you want/need funding for, we will work with you.
I belong to a couple of large networking sites on line where I can shop my project to "brokers". What do you think about those services? We literally think that you are wasting your time. We have NEVER met a "broker" or intermediary who has come from the large networking sites that knew what they were doing or could get a project funded--aside from our screened subsidiaries who will save you on these sites. In fact, we created our screening program because of all the novice people that fester from those web sites and give terrible advice to unsuspecting people with great projects. Our company is owned by the top consultant in the world for private funding and has been for decades. Therefore, we have seen and heard it all over the years including working in any sector imaginable.
Please explain the project funding protocol to me: Global Star Capital bridges the gap between solvent entities who are looking for project funding and/or equity partners in the commercial or intellectual property arena. We work with projects and individuals worldwide with the exception of the countries listed by the United States Government as hostile or part of the "Axis of Evil". The services for obtaining a funding source for our clients have been perfected over the course of many years. We have been placed into a grand protocol by "real funding sources". A "real funding source" is classified and defined as an entity who can physically fund a project with their own capital or a "pooling" of capital within their organization. These sources include private individuals, private trusts, our own internal company capital, equity groups etc.
Global Star Capital consults the client (i.e. you) first, then either facilitates for our funding sources or deals directly with private appointed individuals or companies that facilitate for our sources--people who are also in place for a reason. This means that we are not "brokers". We are intermediaries/consultants/facilitators and paid professionals. We are in charge of bringing solvent projects to the lending sources or their appointed entities in order for profits to be made by the lending of their money. We stand as a professional intermediary for our clients on one hand and facilitators to the sources on the other. We have a unique situation that allows us to construct a game plan for our clients based on the parameters directed to us by the funding sources who have us in place for a reason. There is no entity that is representing you or trying to represent you that is in our position.
We thoroughly review projects internally. We then make a decision if the project is worthwhile to move forward. After review, our Founder then speaks with you personally via telephone and then after his engagement in a face to face meeting. Once we have all the documentation needed on your project and after you speak with our Founder, the hard work performed as your professional consulting team begins with a process that has been proven and perfected over multiple decades. It is CRITICAL that you understand that hard work is the main factor in obtaining funding for your project. Mr. Cocovich becomes part of your entire team. You will obviously go through the funding source's due diligence and then closing.
Why is your web site not "flashy" and created in a simple manner? We always laugh when we get this question. Honestly, the answer is simple. We roll up our sleeves to work for you and we are not "flashy". We have clients from around the world who do not have high speed connections. Mr. Cocovich also updates his blogs etc. from remote areas of the world while traveling to meet clients. We use a basic system in order to ensure fast updates and quick access to our information. Our system does not fail us or our clients and that is what we feel is most important.
Do you charge "Up Front Fees"? No. Please make sure that you are 100% educated on the definition of "Up Front Fees". We have a nice piece in our BLOG section of the web site to assist you. Reviewing your documents and speaking with you via phone is free and should be considered a privilege as you will have to explain why your project is worthy of funding or finding an equity position partner, PPM related issues etc. We do not want to hear your philosophies about fees and how our business should be run. Unless you can outshine our services and have a Founder who has been an instrumental force in our industry since 1991, we are the service you NEED. Obviously your philosophies have not worked to the point of reading this information, so now it is time to be properly represented. Read the testimonial page by using the link at the left near the top of this page for valuable information.
I do not have a full business plan, financial projection etc., but I know that I have a great idea. Do you have additional services that can help me construct my plan? Yes. Global Star Capital's Founder Rich Cocovich can assist in constructing a plan for you as a consultant. You must be aware that professional services in business plan development, pro-formas etc. are not cheap. Therefore, he can assist you once he is engage (and assuming your project is deemed worthy of funding). He will save you thousands of dollars in assisting you.
WE HOPE THE ABOVE HAS HELPED YOU. THE PROTOCOL IS ETCHED IN STONE. IF YOU WANT RESULTS, PLEASE BEGIN AT THE PROJECT APPLICATION SCREEN IF YOU ARE A PRINCIPAL. IF YOU ARE A "BROKER" OR INTERMEDIARY AS NOT SCREENED AS OF THIS READING PLEASE BEGIN AT THE INTERMEDIARY/BROKER SCREEN.