Abstract
Project-based funding is where the funds are secured against the property being acquired or developed. Project finance is especially important for smaller unlisted property companies to whom stock market sources are unavailable. In these cases the existing assets may be fully charged against previous loans. The financial status of the companies may also not provide sufficient security for the financier.
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References
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© 1994 D. W. L. Isaac
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Isaac, D. (1994). Project-based Funding. In: Property Finance. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-12948-5_5
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DOI: https://doi.org/10.1007/978-1-349-12948-5_5
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-57681-6
Online ISBN: 978-1-349-12948-5
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