SDA finance needs a project story that connects demand, design, delivery, provider capability and the exit or refinance path.
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Make the project underwritable
Demand evidence, cost control, delivery timing and the operating plan need to read as one coherent project.
Projects need more than a concept
A lender-ready SDA discussion usually considers site control, planning and build costs, enrolment or demand evidence, provider capability, timing, contingency and the operating plan after completion.
Set out the project purpose and delivery milestones.
Separate property costs from operating and provider costs.
Stress-test delays, vacancies, cost changes and refinance assumptions.
What to prepare
Bring the project budget, design and approvals position, demand evidence, operator arrangements, professional reports, funding contribution and downside case.