An owner/investor in the beginning stages of the community management process may have done their research, but it takes more than that to receive funding from the bank. The initial stages of community development can be a tricky process, accompanied by an array of hoops to jump through before receiving financial support.
The VNMC can assist clients through this initial phase by providing guidance in a variety of ways. We are able to:
- Educate owner/investor in what banks require
- Provide market study for specific location
- Advise on zoning and land use changes
- Create business plans
- Assist with financial pro forma