FAQ
Remote-First.
This FAQ provides an overview of Beplace’s remote-first model and how it supports nationwide transaction management. It includes information on our operational model, and in-person engagements.
|Operational Model.
Does Beplace have a permanent office?
No. Beplace is a remote-first company, which means we do not maintain a permanent physical office. Instead, we operate with agility and flexibility, setting up temporary co-working spaces or dedicated offices on a transaction basis when needed.
How does Beplace’s remote-first model benefit borrowers?
Beplace’s remote-first model provides borrowers with nationwide accessibility, allowing us to operate across 43 states without geographical limitations. This flexibility enables us to mobilize resources quickly and adapt to compressed timelines, ensuring faster execution of transactions without the constraints of a fixed office. Additionally, by reducing overhead costs associated with maintaining permanent office spaces, we can offer more competitive pricing models to borrowers. When transactions require in-person coordination, we can establish temporary offices near the borrower, lender, or key stakeholders to ensure seamless, on-site support when needed.
How does Beplace’s remote-first model benefit attorneys and law firms?
For attorneys and law firms engaging Beplace, our remote-first model enhances efficiency and collaboration by integrating seamlessly with legal teams, regardless of location. We offer co-working spaces for ongoing deal coordination, and dedicated transaction spaces when needed for closings.
We also provide real-time communication without the delays often associated with traditional office logistics. However, in attorney-led engagements, Beplace follows structured engagement terms, including privilege considerations where applicable, to align with legal strategy and compliance requirements.
Additionally, our model ensures secure remote document access, enabling smooth collaboration with law firms handling litigation, bankruptcy, or regulatory matters that affect, are affected by, or can be affected by the pursuit of financing.
|In-Person Engagements.
Does Beplace have the ability to meet clients in person?
Yes. While Beplace operates remotely, we meet with borrowers, attorneys, lenders, and stakeholders in person when the transaction requires it. We can meet on-site for due diligence, property inspections, or lender meetings; use co-working spaces for ongoing deal coordination; and set up dedicated offices for closings.
Can Beplace set up a temporary office near a borrower or attorney’s location?Yes. Beplace can establish a temporary office space for transactions requiring sustained on-site coordination, and even a dedicated setting to facilitate a closing. For attorney-led transactions, Beplace follows Borrower Attorney directives to ensure compliance with privilege, work-product protections, and litigation strategies where applicable.
Does Beplace’s remote-first approach delay transactions?
No. In fact, Beplace’s remote-first model accelerates deal execution by eliminating office-related bottlenecks. Our structure allows us to work seamlessly across all U.S. time zones, including weekends and holidays, ensuring rapid engagement with stakeholders. Whether a transaction requires a virtual closing, an in-person meeting, or a hybrid approach, we adapt quickly to meet the specific needs of each deal without delays.
|Have more questions?
For more answers on other topics, visit our general FAQ page.