Development Loans - How Can Calmez Help?
How often have you found it necessary to interrupt or stop production on site due to cashflow difficulties
How often have you received contract and cashflow projections created by contractor-orientated professionals, who do not fully understand the finer points of developer funding, but are nevertheless acting for your developer loans provider?
How often have you been tied into such risky (that is, your risk) arrangements with your bank or developer loans provider?
Development loans are different to a straight construction loan. It is essential to understand, cater for, and control the interaction between development loans and the cashflow implications of a sales-lead operation.
The difficulties in this are increased by having to deal with the consequences of:
CALMEZ have considerable developer funding experience within our management team and understand how the provision of development loans work or fail.
We like to work with Developers on the project viability planning and development loan aspects with related potential difficulties being addressed prior to agreeing to proceed, thereby providing additional protection to you, the developer.
Where feasible, we will join with you in exploring and agreeing solutions to your developer funding requirements, Once we have worked together successfully we may be able to provide additional gearing facilities for your developer loans requirement to enable you to expand your business.