Construction Loans > Commercial Financing and C.V.'s

Commercial Financing and C.V.'s

Construction Construction Lenders Carfully Review a Developer's Curriculum Vitae

Curriculum vitae is latin for course of life, and in practice a CV is more than just an employment resume. A good CV will include, in addition to the developer's educational and employment history, a list all of the projects completed by the developer and any related construction expereince.

The commercial construction lender will look carefully at the developer's CV to verify that the developer has had prior experience developing the type of real estate project in question. If the developer lacks experience, he will need to hire an unusually experienced general contractor with a very impressive track record.

A good construction loan package will contain a CV on both the developer and the general contractor.

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