General Membership Breakfast Meeting: HOW BUILDERS CAN BETTER SECURE THEIR LENDING POSITIONS

HOW ARE LENDING INSTITUTIONS MAINTAINING
NEW AND CURRENT LENDING CLIENTS
&
HOW BUILDERS CAN BETTER SECURE THEIR LENDING POSITIONS DURING THESE DIFFICULT TIMES

Panelists

K.C. Barrett – Wilmington Trust
Tim O’Rourke – TD Bank
Robert King -Sterling Bank
Jack Gangluff – Columbia Bank
Frank DiMaio - Wells Fargo

• Amid a cash crunch in the property market, what are lenders doing for builders?
• Are lenders setting tougher conditions on builders seeking fresh money and old loan rollovers?
• Are lenders releasing funds with strict loan covenants
• What are banks doing to avert defaults
• Are lenders raising the asset cover — the security required for the loan

• Are you lending now? (Can the bank actually make more loans now?)
• Under what conditions are you making these loans? (Interest coverage ratios, etc.)
• What information do you need to consider my request?
• What is the time frame usually associated to complete a loan?

BLSJ policy requires payment prior to the event or at the door.
All cancellations MUST BE given in writing at least 72 hours in advance or you will be billed.