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Architects
All too often, an architect will start work on a project under the
impression that funding is available to proceed. Alternatively, an
architect may have been led to believe that the client is well funded
internally and can cover the design costs, even though a loan has not been
formally procured. Don't you hate surprises?
There are few things worse
than getting thousands of dollars worth of time and expense into a project
and finding out that the "well healed" client can't pay you and can't get a
loan.
By working as a team with a reliable, experienced financial partner,
you can accomplish two things. First, you can provide a service to your
client by introducing him/her to a financial resource who will help them
from start to finish with all financial issues relating to their project.
This can be invaluable to them and they will appreciate your consideration
in doing so. Second, PFC will do a preliminary check of the client's
ability to get a loan and an assessment of their ability to pay the
architect prior to getting a loan.
With this knowledge, you can decide how
much time and expense you want to invest. As their architect,
recommending a financial consultant provides an extra service to the client at no extra charge and you have a mechanism
to protect yourself against lost time and money. Everybody wins. What does
it cost you to work with PFC in this manner? NOTHING!
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