182: Speaking Finance With Your Clients with Matt Vincent
Business of Architecture UK Podcast
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Is There a Limit to the Debt That Developers Can Carry?
There is a name for developers over exposing themselves and you know unfortunately in some cases it doesn't end end well. Most development lenders will expect 80 per year personal guarantee so you know it's limited company borrower they would expect a degree of personal guarantee but that can range um can range from a full pg or it can range to a limited base on a percentage of the project. There are a few lenders that would include an on-demand clause in their facility letters to protect themselves one is having a good solicitor who can highlight these these concerns.
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