Securing Funding - Coaching
Consultation and Assistance - Module #9
Interview Process with Banks and Funding Sources and working with Lenders and Clients to Negotiate the most favorable MRI Project Loan, funding terms and agreement.
In this Coaching and As Needed Consultation and Assistance Module that you can select for this Imaging Center Project area, we will discuss,
- Where the client is at present with their MRI Project, review possible client lender needs.
- Project lending that we have secured for our MRI Imaging Center physician clients, and how that process can be utilized for your project.
- Project lending for long term purchase and or, shorter term lease agreements. Both for equipment like MRI Magnets, or Start-up Costs, or even conventional twenty year project building loan, design and build agreements.
- Shopping your loan with multiple lenders, negotiation of best terms and rates with each, and providing a review and guidance discussion with client project principals.
- Questions you may have relative to possible lender terms, limitations, and review of special lending needs, or client concerns that relate to any special lending needs they may have.
- Review and tracking of construction pay application process throughout the length of the project, Importance of verifying that construction and subcontractor work is completed and is satisfactory or if not, identify work that needs to be completed before each successive pay application is approved and paid. Understanding and “how to” process in these projects.
- Creation of a possible project Financial and Business Viability Analysis to facilitate the loan application and approval if needed.
- Any request to utilize Lenders requested or recommended by the client group.
- Understanding the possible lender requests of the clients to underwrite the project loan.
- Guidance on bundling and presentation of all client medical business loans for underwriting and loan consolidation.
- Any additional questions the client may wish to discuss.