A lift for small developers


  • Investment Premium
  • Saturday, 02 Dec 2017

Smaller property developers will no longer need to just rely on bank financing to ease their cash flows. They can monetise upfront from the cash flows of their billings via a bond issue which potentially takes away businesses from banks.

At the moment, developers realise their profits progressively as construction is carried out. This ties up their capital up and it can be up to three years when the project is completed.

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Business , Charan , bond , property

   

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