Carry out earthworks with equity capital?

  • Erstellt am 2022-05-09 21:33:37

x0rzx0rz

2022-05-10 07:26:33
  • #1
The work will be done by a company, only a walking excavator will help there ;)
 

SoL

2022-05-10 08:09:35
  • #2
Then do it and keep watching.
If you want to continue, your need for external capital decreases because you have already contributed parts of the total costs through equity.
 

Crossy

2022-05-10 09:00:47
  • #3
This is counted as equity. Simply present the civil engineer's invoice. We only completed our financing after the foundation slab. All our pre-paid invoices (land, earthworks, incidental construction costs, first installment payments to the general contractor) would be paid from own funds and also counted towards the loan. After all, we also had invoices for everything.
 

Kokovi79

2022-05-10 21:49:15
  • #4
Our bank did not even want to see invoices for the work we had already paid for before the financing was finalized, and that was a five-figure amount that we had stated there. You should be able to count this work as equity.
 

x0rzx0rz

2022-05-10 22:55:12
  • #5
Thank you very much for all your feedback!
 

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