TPP258: Should you be using short-term finance?
The Property Podcast
00:00
How to Control the Risk in a Project
People say that short term finance is risky, and i'm not quite sure that i agree. The type of projects you need to do it can come across as really risky. If something goes wrong and it takes longer than you think, then you might come to the end of your finance period before you're ready. And in an ex case, if it goes on for too long, or you're not able to finish the project, then the lender could lose patience and demand repayment,. So it just puts you under pressure and makes it more important that you control the risk.
Play episode from 20:12
Transcript
