Learn more about Rule 701, recent updates, and how to stay compliant at your company. Everything from the history of Rule 701 to the most recent changes.
In the past, initiating a capital call meant manually preparing notices and informing each of your investors over email. Keeping track of which partners had submitted their contributions and following up with any stragglers was difficult and cumbersome. Now there is a better, automated way on Carta.
First, enter a due date and a purpose for the call. Then set a percentage of committed capital, and adjust for individual partners as needed:
Confirm that everything is correct and start the capital call:
Launching the call automatically generates the capital call notices and investors are notified via email. Investors can reference the document for wire instructions, or connect their bank account for easy completion via ACH. No mail merges or document creation necessary.
Data from the call flows through automatically and keeps everyone’s capital accounts up to date.
Connect with us if you are interested in learning more.