The Procedure: Project Monitoring

Valuation

Fortunately CALA have the experts to keep in touch with you and report all information to you regularly. Meetings can be called where necessary and systems implemented to ensure that you are always in touch with...

• How It Works
• Lending Criteria
• Loan Range and Project Size
• Appraisals
• Development Services Agreement
• Security
• Project Monitoring
• Valuation
• Where We Will Fund

We need to be informed but will only get involved at your request

CALA Finance work with you to support, assist and advise on the development.

We will not interfere with the management of your company. We will help you manage your financial controls but you remain in charge of the development cost controls.

Our team of experienced consultants will be on hand to help your steer a profitable course. It's an approach that has helped to establish many developers and one they continue to rely on for further expansion.

This is for two reasons both of which are beneficial to you :-

Site Visits During Construction

You can expect us to arrange with you a schedule of monthly site visits. One is purely to keep us informed of progress and to enable us to offer the benefit of our experience and discuss:

• Progress against programme,
• The efficiency and quality of building work
• Cash Flow and Facility
• Valuation of work and cost to date

This enables us to release funding to you from the draw down facility promptly on a regular and timely basis.

Secondly we offer :-

Advice on Sales and Marketing

Our experience has led us to believe that best practice in this area is to conduct regular meetings with you the developer and your selling agents. It enables us all to discuss:

• Market conditions specific to your area
• Review and agree the marketing strategy and tactics
• Sales reservations, contracts and legal completions
  

This affords us the opportunity to share with you our knowledge and support your marketing strategy as local circumstances dictate.

Building on Our Relationship

As a courtesy, members of our senior management may also arrange visits with you. We are interested in building a long-term relationship.

The meeting of like-minded people can be beneficial in expanding knowledge and pro-actively using that knowledge to avoid the many pit-falls of our industry.