Construction Delays and Cost Escalation

A Client facing construction delays and escalating costs came to us for help.  The Client lacked up-to-date cash flow projections, leaving investors uninformed and angry. When initially approached about the need for additional capital to fund the project, investors hesitated on next steps, highlighting the need for urgent action. To address this, we developed cash flow forecasts and advised the team on prioritizing vendor payments. Additionally, we facilitated discussions on potential ownership dilution and explored options for securing an additional line of credit from the client's bank, including its impact on project returns.