Step 5. Funding

  • Invite tenders / negotiate with nominated contractor
  • Agree price and programme
  • Devise feasibility / business plan
  • Take opportunity to funding banks
  • Have valuation prepared
  • Discuss terms and conditions / financial package
  • Covenant of end user?
  • Project funding only or exit funding too?
  • Bank completes due diligence on deal, development team and operator?
  • Get Agreement to funding package

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