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All Forum Posts by: Jon K

Jon K has started 1 posts and replied 1 times.

Post: Need your suggestions...Equity Financing

Jon KPosted
  • Banker
  • Pennsylvania
  • Posts 1
  • Votes 0

Hey Everyone,

I am currently conducting feasibility studies for a great land development project. The last piece of the puzzle is a source of equity financing for the project. I am in need of land acquisition and development financing. My local bank requires a LTV ratio of 65% and will supply the debt needed. However, I am finding it difficult to acquire the necessary equity, due to the economic downturn, to move forward with this project. I am seeking your advice to gain another prospective on sources of equity financing and/or creative ways to obtain financing during these current economic conditions.

Thanks,

Jon