What’s the relationship between our development management and finance teams?
At Red & Co, our development services coupled with our funding experience allows any of our clients who come into our business the best opportunity to get development finance.
Too many times we see with projects, developers think that they’ve got the best project with whatever they’re trying to do at the time and think that every bankers going to be desperate to fund them but that is simply not the case. Every bank has a different appetite at all different times of the market and we specialise in placing those deals.
There’s a home for every loan and it’s about finding where exactly that is. It’s about taking ourselves and the bank on a journey of the project and getting them comfortable that you know how to deliver the project. You need to assure them that you’ve got the right team around you assisting it and drilling down into what they’re looking to do as well. It’s a two-way street, some people have amazing relationships with their bankers, some people give it no respect.
We don’t come across many clients in developments that don’t require funding. If you’re in the world when you need funding, then you need to take a funder on the journey and that’s part of the value that we can provide.
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Contact Keiran Foster
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