Condemned to co-finance

Co-financing is sometimes necessary – particularly if the partner is short of cash. It is often a pre-condition for winning a contract: “you help us with the cash, and we will keep you busy.” Without such agreements, both the contractor and the investor will lose outEmil GóreckiFinding the finance for development projects is a hard task nowadays. Credit terms even for decent projects are curently too harsh for many developers. It is not uncommon for the banks to require a certain level of leased space or the reaching of a definite construction stage before they agree to open a credit line. How, therefore, can a developer find the funds if it does not have financial resources of its own up its sleeve? One way is to persuade the contractor to accept a suspension in its remuneration – in other words, to agree to co-finance the project.How can we do it together?There