The 9-Phase Deal Lifecycle

Every transaction follows 9 phases: Initiation, KYC Verification, Offer Negotiation, LOI Execution, Escrow Funding, Due Diligence, Buyer Acceptance, Final Documents, and Settlement/Close. Each phase has specific requirements that must be met before progressing.

Enforcement gates are checkpoints that prevent transactions from progressing without meeting critical requirements. For example, the KYC Gate prevents any signing or funding until all parties are verified. The Escrow Funded Gate ensures inspections cannot begin until funds are secured.

All documents requiring signatures are sent through DocuSign for legally binding e-signatures. Parties receive email notifications, sign from any device, and receive certified copies. Full audit trails are maintained.

Yes! You can configure up to 10 different payout recipients with custom percentages. This is perfect for deals involving multiple brokers, surveyors, attorneys, lenders, or other stakeholders who need to receive proceeds at closing.

WorkBoat.ai supports three deal modes: Brokered (broker-facilitated sales), Principal (direct acquisitions), and Back-to-Back (B2B acquisitions through an SPV with upstream and downstream deal legs). Transaction types include Vessel Sales and Charters (bareboat and time charters). B2B deals include information wall protections, SPV nomination controls, and full legal document packages.

Our AI generates documents based on transaction details, party information, and governing law. Documents include Letters of Intent, Purchase Agreements, Bills of Sale, Survey Requests, and Closing Statements. For B2B deals, a full legal package of 20+ templates is available including NDAs, intermediary agreements, assignment notices, and closing protocols. All documents are reviewed before signing.

In a B2B structure, an SPV (Special Purpose Vehicle) simultaneously buys from an upstream seller (Deal A) and sells to a downstream buyer (Deal B). WorkBoat.ai manages both deal legs with strict information walls so neither party sees the other's terms. The platform handles cross-deal gating, waterfall payouts, and generates all required legal documents with appropriate visibility controls.