Assisting in the proposal for development finance
Developers are required to provide financiers with a significant
amount of project information in order to obtain finance. Often
developers fail in their bid for finance because the application is
lacking in project specific information, details on potential return
and anticipated milestone/completion dates.
BMT & ASSOC are able to provide developers with a Finance
Submission Report. Specifically designed to address financier
funding requirements, whilst presenting the details in a manner that
better facilitates the establishment of the loan facility.
This report details the specifics that a financier will require to
assess a finance application, namely:
• An executive summary of the development proposal;
• Costings and associated expenses to commence work;
• Applicant details (including company structure where applicable);
• Précis of the development;
• Current status of lot/lots;
• Sales records and data;
• Assets and liabilities; and
• A feasibility study: including consolidated profit and loss, finance
establishment costs, sales and marketing costs, government and
conveyancing fees and construction cost estimates.
This report enables developers to submit all the information
required for a finance application in a concise and professional
manner. The report also allows financiers the ability to rigorously
assess the finance application.
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