Roles Of An Urgent Care Investment Banker
An investment banker works at a staff level with a bank, who looks after raising funds for organization. These bankers normally work with investment banks or large banks, which maintain their in-house investment banking department. Since every small or large organization may not be equipped with its own in-house investment banker, they seek the help of these people to fund their organization. Investment bankers also work to help owners sell their commercial facilities, arrange for acquirers and partners. An investment banker therefore arranges for the potential investors, who provide quotations to buy that property or go into a merger with the seller’s property. However, invest banking is not a very easy job and needs both the urgent care investment banker and the owner to go through multiple processes to execute the task of selling the property or going into a merger. An investment banker therefore plays many roles to get the job done.
Origination
Origination is considered as the first process to selling any unit or for calling merging partners. In this step, the urgent care investment banker carries out three tasks. The first task is that of discovery, the second is of investigation and the third of negotiation. The first process of discovery includes searching for a prospective issue or unit which is ready to be put up for sale or mergers. The second process includes determining the value of the assets, the reputation of the urgent care center and determining the value of the property as a whole. The investment bankers then takes into account all of these facts and figures and drafts a particular value for the center. This step also involves investigating the legal factors associated with the urgent care center, its future prospective and financial history of the organization. All these values are used to determine whether an urgent care center is really worth of putting up in the market for investment. Last but not the least, the third step or the negotiation phase is carried out by the investment banker to negotiate the value of the urgent care center and its assets to meet the preferences of both the seller and the investor.
Underwriting
Underwriting, also known as public cash offering is a task performed by investment bankers, wherein the owner of the urgent care center wishes to sell off his or her issues to the public. In this case, the investment banker negotiates the rates of the issues with the issuer or seller regarding the prices of the materials put on sale. Underwriting is done in two ways, one is by negotiating the deal between the investment banker and the issuer and the other is by competitive bidding. While in the first instance, the price is fixed when both the issuer and the urgent care investment banker agrees upon and in the second case, the issuer puts off his or her issues on bid and sells off to the investment banker who pays the most desirable price. The purchased issues are then sold off to the public by the investment banker at a price higher than the cost price of the articles, which marks the investment banker’s profits.
Distribution
Last but never the least, the investment banker then takes the responsibility of marketing and distributing the purchased issues to reputed organizations, so that the issues can be distributed at a fare price range.