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.

 

Please refer to our "Project Summary" calculator 

 

ASK YOUR BANK

 

Before you next meet with your Relationship Manager, please give some thought to the following: read more

 

DOES THIS SOUND FAMILIAR?
My Bank does not understand my business.

I can never get hold of my Relationship Manager.

 

Why am I being charged all of these fees?
I feel like I am “just a number” read more
 

IS SALES COMPETITION DRIVING YOUR

PRICES DOWN?

 

Sometimes the “knee jerk” reaction to price competition in a competitive market place is to drop your price to match the competition. read more

FBL No. 4048