American Financial Printers is located in the heart of Washington, D.C. just a few minutes from the SEC and all of the other government agencies where our clients need to send their filings.

Supreme Court Petitions and SEC paper filings, financial and legal printer, EDGAR Filings, Prospectuses, Official Statements, Public Finance, Corporate Finance, Supreme Court Briefs, Commercial Printing, Association newsletters, directories, catalogs, Annual Reports, forms, Digital Printing and all your other commercial or financial printing needs.

For a brochure, a print-on-demand manual or directory, a family history or other printing project, call American Financial Printers.
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Frequently Asked Questions


1. What is financial printing?

Traditionally, financial printing consisted of the production of the legal and financial reports all "public(1)" corporations and companies are required to (a) furnish to their current and prospective stockholders and (b) file with government agencies such as the Securities and Exchange Commission (SEC). Originally, that involved typesetting and printing, through use of hot lead, the tens or hundreds of pages each document contained. When a page changed, that would affect the entire layout of the document slowing down the process and requiring the financial printer to request significant amounts of lead time.

Today, state-of-the-art computer systems have replaced hot metal type with the result that changes can be made instantly throughout complicated documents. The typesetting systems used by financial printers are extremely sophisticated computer programs with features that simplify the creation of complex financial tables often seen in Prospectuses, Annual Reports and regulatory filings. They are also designed so that many different typesetters can be working on the same document at once to speed the process.

The result of all this technology is the dramatically reduced time it takes to create and modify these financial documents allowing companies to take advantage of narrow windows of opportunity in the stock market.

2. Can't a good commercial printer do the same job as a financial printer?

Commercial printers are good at doing many things that financial printers generally do not do. For example, they produce magazines, four and six-color brochures, etc. However, financial printers bring many things to the table that jobzduns.jpg - 13.4 Kcommercial printers do not. First, their expertise in producing complex financial documents. Second, financial printers maintain extensive typesetting and proofreading staffs and work 24 hours a day allowing massive changes to be turned around in much less time than commercial printers can achieve. Third, financial printers are set up to produce finished products on schedules that would drive a commercial printer to drink.

At American Financial Printers we are often faced with a request given at 10:00 P.M. to have 15,000 prospectuses consisting of from 72 to 300 pages printed and delivered to Wall Street by early the next morning. And that sums up the distinction between financial and commercial printers. The ability to typeset, print, bind, and distribute complex documents on virtually unheard of schedules.

 

3. Do financial printers charge more than commercial printers?

Generally, financial printing does cost more than commercial printing does. Yet when you consider the resources a financial printer has to keep available at all times to accommodate our clients, the cost is more easily understood. And from a corporation's standpoint, when they are trying to have a new stock issue hit the street at a particular time to take advantage of changes in interest rates or an upward movement of stock prices, the extra money choosing a financial printer may cost you is well worth the financial reward they hope to achieve.

4. Who are the people you work with on a financial printing project?

Generally speaking, the financial printer works with five different parties to a deal. The company that is issuing the stock or debt (usually called "the issuer"), the company's attorneys, the underwriters, the underwriters' attorneys, and the company's accountants.

At some point during the process, usually right before a document is to be filed with the SEC, all these players come together in our conference rooms to hammer out the final details of the documents. This meeting, called an in-house, often lasts through the night with the attorneys requesting last minute changes in the document to respond to comments of the SEC or changes in the nature of the deal. It is in these conferences that the experience and personal attention of a company like American Financial Printers makes a truly noticeable difference.

5. Do financial printers ever work for government agencies?

Yes, one of our specialties is producing public finance documents such as Official Statements for municipalities or government agencies that want to raise funds through the issuance of bonds. These funds are used for roads, sewers, school or hospital construction, and other public purposes. American Financial Printers has become a recognized leader in the cost-effective production of documents like these saving the underwriters' time and the taxpayers' money.

6. I've heard that the SEC now requires that filings be made electronically. Is that a service you provide?

Yes, the SEC's now requires that virtually all filings be made through its EDGAR program. And American Financial Printers has been helping our client's with these filings since even before the program became mandatory. We use specialized conversion software to take either a document we have typeset or our client's WordPerfect, Microsoft Word or other word processed document and convert it to the specific format required by EDGAR. We then error check the document, test file it with the SEC and, upon clearance from our client, transmit the actual live filing. EDGAR filings are complex and often a company does not want to invest the time in training an employee to become an expert for what is a few times a year job. We can help you or your company by doing this job for you.

7. Is American Financial Printers a national printer or do you only work in Washington, D.C.?

American Financial Printers is located in the heart of Washington, D.C. just a few minutes from the SEC and all of the other government agencies our clients need to send their filings to. But we do work for clients all over the country. By using communications software we provide to our clients at no charge, or through the Internet or on-line services, files are transmitted to us for work every day making it even more simple to do business with us than with the printer who might be a few blocks away!

In addition, American Financial Printers was a cofounder of FPNet, an international association of regional financial printers with offices in all the major U.S. financial centers as well as financial centers around the world. Through use of sophisticated file transfer technology we can conduct remote conferences in multiple sites as well as make proof distributions wherever they are needed.

8. Why should we select American Financial Printers rather than one of the well-known national companies?

That is a question we love to answer. Our national competitors are all good companies and they all produce quality work. But, what you do not get when you use them is the kind of personal attention you receive when you use American Financial Printers or one of the FPNet companies. American Financial Printers is run by its owners, Arthur Chotin and Jack Suber, both lawyers with extensive legal practice experience as well as a thorough Washington background. They, and the rest of the American Financial Printers' staff will see your project through from beginning to end attaching to it the kind of importance you do yourself.

And, let's face it, your job, big or small, is more important to us than it would be to our national competitors who get a huge portion of their work from multibillion dollar clients. And when that national competitor is doing work for one of their multibillion dollar clients just when your project comes in, whose job do you think will get their attention first? At American Financial Printers, there is no question. You are what is most important to us. Your continuing business is what makes us grow and we will give you all of our attention and all of our efforts.

9. Even though you are a financial printer, can you do non-financial work for us?

Yes, of course we can! One of the benefits you get from coming to American Financial Printers is that we can use all of the experience and equipment we bring to bear on financial printing projects on yours as well. Whether it is a brochure, a print on demand document such as a manual or directory, a family history or other printing project, development of a web site or other Internet services, call American Financial Printers, we're the right size for you!

(1)A public corporation is one that sells its shares to the general public. Usually, the stock of public corporations is traded on a stock exchange such as the New York Stock Exchange, American Stock Exchange or NASDAQ.
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American Financial Printers

734 15th Street, NW, Suite 600

Washington D.C. 20005

202-464-5500  Fax: 202-464-5505

E-mail: AFPMain@AFPrinters.com

 

 

 
 
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