The LCM workflow

From intake to close, one disciplined pipeline.

LCM is an eight-stage workflow that takes a raw local opportunity and turns it into an institutional-grade, investor-ready deal — every step documented, every artifact standardized.

The eight stages of a deal

Every deal moves through the same canonical workflow. Stage transitions are logged, artifacts are preserved, and accountability is clear at every handoff.

  1. Intake Received

    Companies + intermediaries

    Native intake form captures company, sector, raise size, geography, and supporting documents. A deal record is created and routed to the right intermediary.

    Artifact
    Standardized deal profile
  2. Intro Call Scheduled

    Intermediary + founder

    First-touch diligence call. Intermediary validates fit, confirms raise parameters, and documents the conversation in the deal timeline.

    Artifact
    Call notes + qualification memo
  3. Pro Forma Created

    Intermediary

    Financial model is built or stress-tested. Use of funds, repayment capacity, and structure are formalized inside the deal data room.

    Artifact
    Pro forma + capital structure
  4. Memo in Progress

    Intermediary + diligence team

    Investment memo draft drawing on financials, market context, impact thesis, and risk factors. Scorecard populated against LCM rubric.

    Artifact
    Draft investment memo
  5. Review Meeting Scheduled

    Investment committee

    Internal committee reviews the memo, scorecard, and data room. Decisions: clear, request more diligence, or decline.

    Artifact
    Committee decision log
  6. Cleared

    LCM

    Deal completes LCM process review: documentation reviewed, artifacts complete, ready for distribution. Self-Listed deals skip this and carry a clear distinction. Clearance describes process completion only, not a recommendation or suitability.

    Artifact
    Process clearance record + memo
  7. Investor Distribution

    Investors

    Deal is published to the discovery gallery and matched to investor preferences. Approved investors access the data room and submit IOIs.

    Artifact
    Published listing + IOIs
  8. Closing

    Founder + investors

    LCM coordinates the path to close. The platform tracks status and reconciles the round; capital movement happens off-platform in v1.

    Artifact
    Closed deal record

Two sides of the market

How it works for you

The same workflow, two different journeys. Investors get curated, cleared opportunity flow. Founders get a real pathway from raw opportunity to closed round.

For investors

Allocator track

  1. Request access

    Investors are reviewed and matched to geographies and sectors they care about.

  2. Set preferences

    Choose target markets, ticket sizes, sectors, and impact themes. Get matched deals as they clear review.

  3. Review data rooms

    Access cleared memos, scorecards, financials, and impact narratives in structured data rooms.

  4. Submit IOIs

    Express non-binding interest. Move to deeper diligence and direct conversations with deal teams.

  5. Close on-market

    LCM coordinates the path to close. You complete the transaction with full context, not cold outreach.

  6. Closing coordination

    LocalCap manages diligence and discovery scheduling, with rolling updates as terms come together.

For companies

Deal track

  1. Submit intake

    Founders complete the native intake form — company, raise size, use of funds, and documents.

  2. Intermediary onboarding

    An LCM intermediary takes the call, confirms readiness, and opens the deal in the pipeline.

  3. Diligence & memo

    Pro forma, scorecard, and investment memo are built collaboratively inside the deal data room.

  4. Clearance review

    Committee reviews the package. Cleared deals carry the LCM process mark; Self-Listed deals are clearly labeled.

  5. Investor distribution

    Your deal is published to aligned investors. You manage interest, questions, and IOIs from one place.

  6. Closing coordination

    LocalCap runs allocator diligence and discovery on your behalf, so you always know where each conversation stands.

Ready to enter the workflow?

Whether you're sourcing capital or deploying it, the pathway starts here.

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