She has asked that I return with a complete treatment. A check will be cut if it is accepted at that point. She wants two treatment, one for TV and one for Feature Film. However, you should also check into who this producer is, what credits she has, etc. I don't want to rain on your parade but you need to be careful.
Nobody wants to use their own money.
Make sure your work is registered, and make sure you record the date you sent the work, and take notes of all dates, times and contents of letters and phone calls. Anyone's policy should be to be careful, cover your bases, document your contacts with people in the business. Jeff Ref 533. Ive written one screenplay and am about to finish my second. Recently, I sent query letters out for my first one and explained that Im almost done my second.