Proof of funds at LOI as an independent sponsor?
August 19, 2025
by a searcher from University of Texas at Austin in Dallas, TX, USA
For an independent sponsor deal, how does a sponsor show proof of funds in parallel to putting forth the LOI?
I have a potential larger IS deal that I've come across in my search and it seems like we're getting close on terms, but they've requested proof of funds before co-signing the LOI. Any help or contacts is appreciated.