Sicuro News

Development Project Summary

To assist our clients with understanding the risk profile of any proposed projects, Sicuro Finance Group has developed a simple Project Summary Tool for your use.

Being mindful that your transaction is ultimately required to be submitted to a financier, this summary has been designed to provide a view of the Project from a financier's perspective, addressing items such as:

• Initial LVR (Loan to value ratio)
• End LVR
• LDR (Loan Development cost Ratio)
• Total interest costs of the Project
• Peak loan amount

The summary also allows you to input your Project timeline, proposed level of equity, individual project costs (some costs are grouped together) and other Project variables so that you can ascertain what impact these variables may have on your Project.

Please note it is a guide only, and is not a replacement for your usual diligence process, although once you have prepared your summary we will be available to discuss your Project in more detail if you require. You will also be given the opportunity to generate a PDF version of the Summary which can be sent to you via email.

To try out the Development Project Summary tool for yourself, use the 'Project Summary' menu option at the top of each page, or click here.

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