Section I · vs PPMFast

PPMWizard vs PPMFast

PPMFast sells downloadable document packages. PPMWizard is a hosted, guided drafting application with a $249 export package for one PPM and Pro subscriptions for repeat issuers. This comparison focuses on workflow and public package descriptions, not on declaring one product right for every offering.

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What PPMFast is

A one-time-purchase template marketplace

PPMFast publishes a catalog of downloadable Word packages organized by entity, security type, exemption, and use case, and now promotes using a customer’s preferred AI tool to assist with drafting. Its public product page says packages may include a PPM, investor questionnaire, subscription agreement or note, operating agreement for LLC packages, and state and SEC Regulation D filing documents. Buyers should confirm exact contents, update rights, and current price before checkout.

For a sponsor doing a single one-off raise, that model can be attractive — a stated package price, no recurring plan, and a locally editable document. License and update rights should be confirmed before purchase. Structured calculations and deal-specific editing are handled in Word or separate tools rather than a hosted wizard.

What PPMWizard is

A guided wizard with one-time and subscription options

PPMWizard is a hosted app you sign into. You walk a guided flow that asks structured questions about your deal, your exemption, your sponsor, and your distributions, and the document assembles as you go. A built-in waterfall calculator, a 54-factor risk catalog with asset-specific suggestions, 21 sample offerings, and an editorial layout engine are available while drafting. Export one PPM package for $249, or use Pro for unlimited drafts and exports.

The one-time option fits a single raise; the subscription fits repeat issuers. In both cases, users can validate the workflow and preview the draft before paying.

Primary comparison sources, reviewed July 26, 2026: PPMFast product packages and PPMWizard pricing. Competitor details can change; confirm them directly before purchase.

Section II · Side by Side

Eleven questions a sponsor should ask both products

Below is a side-by-side based on each product's public website as reviewed July 26, 2026. Confirm competitor pricing and package details directly before making a purchase.

PPMFast

PPMWizard

Pricing model

PPMFast publishes a catalog of separately priced templates and filing services. Verify the current package and checkout price on its site.

$249 for one PPM export package, or Pro at $199/month or $1,990/year for unlimited PPMs. Draft and preview up to 3 offerings free.

Draft mechanism

Downloadable Word-template workflow. The purchaser edits the package directly rather than answering questions in a hosted wizard.

Guided wizard. Answer structured questions; the document assembles as you go.

Built-in distribution waterfall

Its public template page does not advertise a built-in live waterfall calculator; confirm package capabilities directly.

Preferred return, catch-up, promote, and IRR-hurdle inputs are built in. Applicable real-estate workflows also connect the economics to underwriting and sensitivity outputs.

Risk factor library

The selected template contains risk-factor language. Deal-specific selection and editing remain part of the purchaser and counsel workflow.

A 54-factor catalog filtered to an asset-specific starting set, plus a custom-risk builder. The sponsor selects what applies.

Exemption-aware language

Select a package designed for the relevant entity and exemption, then edit the downloaded documents directly.

For 506(b) and 506(c), the wizard coordinates solicitation, verification, and related disclosure language.

Updates after purchase

A downloaded package can be edited locally. Confirm update rights and access to later versions with PPMFast before purchase.

Hosted product updates are available in the application; they do not replace counsel review or automatically overwrite deal-specific terms.

Asset-class coverage

Publishes packages for multiple entities, security types, and industries, including real estate.

Real estate, business M&A, oil & gas, private credit, venture SPVs, farmland, film — all from one wizard.

Asset-class tuning inside the draft

Tuning comes from choosing and editing the closest package rather than changing structured inputs inside a hosted application.

Prompts, narrative sections, and suggested risk factors adapt to the selected asset class; financial-engine depth varies by workflow.

Counsel redline loop

Export to Word and send to counsel. Redlines go back into the same file.

Export an editable Word draft for comments and Track Changes. Word edits do not sync automatically; approved revisions must be copied into the wizard manually for later exports.

Each product fits a different raise

When PPMFast might fit

A downloadable template can fit teams that prefer to work directly in Word, already have their own calculation and version-control process, and want a locally editable package from the outset.

A template model also fits when you already have a working waterfall model in Excel and want counsel to work primarily inside a Word document.

When PPMWizard might fit

Sponsors who want guided inputs, live preview, linked waterfall calculations, and coordinated exports. The $249 one-PPM export option fits a single raise; Pro fits a repeat pipeline.

Anyone who wants a freemium entry point — try the full wizard, review the watermarked preview, and pay only when the draft is ready to export.

Colophon · Try the wizard yourself

Walk the wizard. Compare the workflows.

Draft your deal, preview the rendered PPM, and compare the guided workflow with the template package you are considering. Counsel should review either draft before issuance.

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Drafting tool only — attorney review required before issuance