San Jose, CA (PRWEB) September 10, 2013
NES Financial announced today that it has been selected by E3 Investment Group to provide escrow administration services in conjunction with its innovative Scalable-Direct™ EB-5 investment model. NES Financial, the market leader in EB-5 escrow administration products, provides end-to-end escrow and EB-5 funds administration solutions, built on its proprietary eSTAC™ technology, which is designed to keep investors’ funds secure and add transparency to all processes.
The E3 Investment Group Scalable-Direct™ model allows foreign investors to benefit from the economies of scale, reduced risk, and management of a pooled investment, while each EB-5 investor enjoys the independence of being segregated in his own single-purpose entity. Unlike other models, investors’ assets and job creation are never comingled.
The E3 Investment Group is primarily focused on developing job creating investment opportunities. The EB-5 Immigrant Investor Program enables foreign nationals who seek permanent resident status in the U.S. to invest capital in commercial enterprises that create domestic jobs in return for a permanent green card. Enacted by Congress in 1992, the Program, which was designed to promote economic growth, is administered by the United States Citizenship and Immigration Services (USCIS). E3 Investment Group’s Scalable-Direct™ model creates a unique opportunity for investors to satisfy the USCIS EB-5 program requirements and maximize the benefits of a scaled organization without the need for a Regional Center.
“We believe that we have the best structure in the EB-5 marketplace, so it means a lot to us and our investors to work with the market leader in escrow administration,” said Matt Gordon, Managing Director of E3 Investment Group. “NES Financial’s team and service have been outstanding. We look forward to working with them for a long time to come.”
NES Financial’s EB-5 Suite of Solutions meets a critical need for investors by providing a complete audit trail of the flow of funds throughout the life cycle of the immigration process – from the filing of the I-526 application through the I-829 petition to remove conditions and the acquisition of a permanent green card. As a result of this services-based solution, NES Financial’s clients enjoy tremendous improvements in operating efficiency, and their investors are provided with the highest level of transparency throughout the EB-5 process.
“The leadership at E3 Investment Group is passionate about creating U.S. jobs through foreign investment. They developed their Scalable-Direct™ investment model to specifically align with the EB-5 program,” said Reid Thomas, EVP at NES Financial. “This is the same approach we took when designing our product suite. Implementing a solution that is customized for the nuances of EB-5 increases the security, transparency, and compliance for all stakeholders.”
About NES Financial
NES Financial provides technology-enabled services for the efficient administration of highly specialized financial transactions. Our custom solutions include EB-5 escrows, 1031 exchanges, and multi-tiered sub-accounting transactions. Many of the world’s largest financial institutions and corporations rely on our proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized two years running by Inc. Magazine’s 500|5000 list as one of the fastest growing private companies in America, NES Financial helps companies lower administrative costs, reduce risk, and improve ROI. For more information, visit http://www.nesf.com.
About E3 Investment Group
E3 Investment Group, a subsidiary of Hussar & Co, LLC, is a 21st century private equity firm that believes that by investing in business’ employees as opposed to cutting them, they can generate superior profits over time and a stronger America. The firm’s mandate, the three E’s, are: Employment – to create well paying, long term jobs; Environment – to conduct our operations so that we minimize our impact and be a thought leader in the industry; and Earnings – so we can ultimately do well for our investors and do good for the communities in which we operate. For more information, visit http://www.e3ig.com.