How a Business Hired a Lawyer to Draft a SAFE Note in Florida (September 2024)

In 2024, a business in Florida sought assistance with drafting a SAFE note in order to support their expansion of physical warehouse space and the implementation of in-house automation systems. The client's goal was to enhance efficiency in their distribution and logistics services, ultimately driving greater profitability as they serve contractors in the construction industry. This was their first attempt to raise funds through such a method, aiming to secure $5 million within a month. As a result, the client received nine proposals from licensed lawyers, with flat fee bids ranging from $490 to $3,500, all submitted to meet the requested deadline of less than one week.