FINANCIAL ARCHITECT® SOFTWARE CAN HELP
WOMEN ‘SHATTER THE GLASS PIGGY BANK’
Released on = October 9, 2005, 5:56 pm
Press Release Author = CCA International
Industry = Small Business
Press Release Summary = Sophisticated Software Can Reduce Cost of A Securities
Offering,
Giving Women Entrepreneurs/Business Owners Access to New Sources of Capital
Press Release Body = CHICAGO, — Commonwealth Capital Advisors’ patent-pending
Financial Architect® System software suite can significantly cut the cost of private
placement or limited public securities offerings, bringing these capital-raising
tools within reach of women entrepreneurs/business owners who normally do not have
access to venture capital and other traditional forms of financing.
“Since we’ve all heard of the glass ceiling, the Financial Architect® System was
designed to help women shatter the glass piggy bank,” said Timothy Hogan, CEO of
Commonwealth. “Studies have shown that women entrepreneurs have more difficulty
raising capital from traditional sources than men do. A private placement or limited
public offering puts women in control of the capital-raising process, and our
innovative new software makes it much easier for women entrepreneurs/business owners
to conduct these offerings.”
According to statistics from Venture One, in recent years only about 6% of
venture-backed companies were founded by women. In addition, a recent report from
the Center for Women’s Business Research found that in 2003 only 4% of women-owned
businesses with revenues of $1 million or more obtained or intended to seek equity
investments.
By standardizing document production and complex legal, accounting and investment
banking issues, the Financial Architect® Systems enables women
entrepreneurs/business owners, with the assistance of their current professional
service providers, to conduct private placement or limited public securities
offerings on their own.
“Women entrepreneurs/business owners no longer have to rely on the ‘old boys
network’ for capital. With the Financial Architect® System, they avoid the need to
be ‘qualified’ by traditional sources of capital. In addition, this process becomes
far more accessible because these entrepreneurs can complete the documents, for
legal counsel review, at a fraction of the traditional costs,” Hogan said.
The Financial Architect® System includes an E-book that contains the “Fundamentals”
of raising capital using the “Wall Street Process” that rarely changes; a
sophisticated software program that enables the production of GAAP-compliant
pro-forma financial projections to create marketable deal structures; templates to
produce the actual securities offering document; and a private password-protected
area on the website (“Commonwealth Capital Club”) that links entrepreneurs with the
critical compliance components and angel investors around the world.
The Financial Architect® System is for start-up or early-stage companies who need to
raise between one hundred thousand dollars and $10 million in working capital (seed,
development and expansion) through the issuance of a Regulation D (“Private”) or
Regulation A (“Limited Public”) securities offering. The system can also help raise
$5 to $20 million to launch a new product or service for seasoned companies who
cannot tap into traditional commercial bank financing.
“By assisting women and minority entrepreneurs we believe that the Financial
Architect® System can strengthen the U.S. and world economies. Essentially the CCA
transaction tools enable new promising ventures to raise capital with an inexpensive
turn-key system,” said Charles Dreher, CEO of CCA International.
A complimentary E-Book entitled, “Raising Capital for Start-Up and Early Stage
Companies – The Secrets of Wall Street” (Summarized Edition) is available on their
web site: www.ccaintl.com.
###
Web Site = http://www.CCAIntl.com
Contact Details = Charles D. Dreher, CEO
CCA International
1 (312) 540-1938
www.ccaintl.com
Printer
Friendly Format
Back
to previous page...
Back
to home page...
Submit
your press releases...
|