The sooner the better. The best strategy is to consider the cost of acquisition and development to identify any outside capital needed during the initial bidding process of a project.
Lending experts at Osgood Bank will help guide you confidently navigate the lending process.
You should know exactly how much money you need, what it’s for, how the repayment schedule aligns (or doesn’t) with your expected receivable schedule, and whether or not you can build the cost of the loan into the total cost of the project.
If this seems overwhelming, don't worry. We are here to help.
As a contractor/developer we understand you want to reduce red tape, streamline draw processes, and minimize any impacts financing may (or may not) have on your project timeline. Our lenders have the authority, experience, and commitment to help you achieve these goals and finish projects on-time.