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HAVANx Bridgestone Financing Pros - Financing Options for the Construction Industry

June 1, 2022 12:00 PM - 1:00 PM (PDT)

Description

FINANCING OPTIONS FOR THE CONSTRUCTION INDUSTRY

 

Money was ranked as the top stressor for Canadians in the 2021 FP Canada Financial Stress Index, with 38% of people surveyed claimed that it’s the number one source of stress in their lives. That’s more than personal health at 26%.


There are different moving parts when seeking financing. Each person and situation are unique and it’s important to understand all the options available to you. 


There are many different types of financing available to build or renovate, as well as many different types of loans. A construction loan is one of the riskiest types of financing for lenders and since COVID and with the current market landscape, lenders have tightened up their lending guidelines making it more challenging to get financing! Not only on the personal side but in all types of lending. 

 

Also, with supply chain shortages, contractors are having to order and pay for materials a lot earlier in the process so it’s important to have the funds available when you need them. This is more critical when you are building a PassiveHouse or NetZero Home.

This is a great  to learn more about the current lending landscape and what options are available to our industry

Time

12:00 PM - 1:00 PM

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Contact Information

Homebuilders Association Vancouver (HAVAN)
Name: Wendy McNeil
Email: wendy@havan.ca
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