In week five of our feature \u201cConvincing the lender to say Yes\u201d as published in the Australian Property Investor Magazine we focus on the topic of \u201cDevelopment Experience\u201d<\/p>\n
When assessing a loan application most lenders will look to see what projects you have previously completed even if it\u2019s only a small project you\u2019re attempting.\u00a0<\/span>Previous experience gives the lender confidence that you have the ability to ensure that a project will go as smoothly as possible from start to finish or at least show you have the capability of dealing with any issues that may arise.<\/span><\/p>\n This doesn\u2019t mean first time developers are locked out of the lending market. Common sense should firstly apply in that a first timer should look to attempt a small scale project rather than a high rise apartment building.<\/span><\/p>\n Lenders will also look favourably if you surround yourself with good professional people such as Accountants, Lawyers, Architects and Project Managers and make that a highlight of your loan submission.<\/span><\/p>\n Finance Advocates Australia ( www.financeadvocates.com.au ) with its 29 years of experience can assist its clients with its vast network of professionals in providing assistance for you with these professionals for your next project.<\/span>\u00a0Get in touch on 1300 780 196 .<\/p>\n","protected":false},"excerpt":{"rendered":" In week five of our feature \u201cConvincing the lender to say Yes\u201d as published in the Australian Property Investor Magazine we focus on the topic of \u201cDevelopment Experience\u201d When assessing a loan application most lenders will look to see what projects you have previously completed even if it\u2019s only a small project you\u2019re attempting.\u00a0Previous experience […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t