Understanding Builder Finance Company
As the name suggests Builder Finance is essentially the fund granted by banks and Financial Institutions to a Builder or real-estate developer for developing real-estate projects. To avail of these loans, a builder must ensure his credibility and that the project plan is robust. Builder Finances come with customizable features based on factors like project land acquisition, estimated project cost, and a detailed project assessment and valuation conducted by the financing company. The loan terms may also be customized across the project development cycle to meet specific needs. Let’s look at the various types of finances that are offered by a Builder Finance Company .