The Groundbreaker Platform makes it easy to manage your distribution payments. Once you enter the amount and the date of the payment, the Groundbreaker Platform will calculate the amounts due to each investor based on your directions. You can then manage the actual payout.
Create the Distribution
When it is time to distribute payments to all investors who have contributed to one of your Offerings, you will create a new distribution. Because all payments occur between legal entities, the distribution is managed via the investment entity and creates payments to investor accounts. The Groundbreaker application will lead you through the steps.
Provide the Distribution Details
You will provide information about the distribution including a description, the date, cash-flow type, and the amount to be distributed.
Review the Calculations
Groundbreaker will calculate distribution payments according to investor ownership percentages. You want to validate that the distribution amounts calculated for each investor meet your expectations. You can edit or remove the amounts for any of the calculated payments if needed before publishing the final totals.
Publish the Distribution
Once you publish the distribution, the distribution amount is reported to your investors. You will see the amount for each payment as well as the method the investor has selected to receive their distribution payments. You can still edit or delete payments even after the distribution is published.
Once the distribution payment amounts are finalized, you can move forward with the actual payouts. You will pay each investor using the payment method they selected.
Check and Wire Payments - These payments are handled outside of the Groundbreaker Platform and the distribution payment status is updated manually.
ACH - ACH is an automated process.
If you have more questions or feedback, please use the live chat in-app (located in the bottom right corner) or contact email@example.com.