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Revolving Loan Funds and  Form

Revolving Loan Funds and Form

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thank you [Music] this video will illustrate how a revolving line of credit is used to finance a residential single-family home development this type of credit is typically referred to as a revolving loan revolving loans are often used by developers as the main source of financing for single-family home developments this is because revolving loans provide high levels of flexibility while minimizing long-term debt balances revolving loans provide flexibility by allowing developers to build large residential projects in multiple phases by breaking a large development up into smaller phases developers can minimize risks like changes in buyer demand and the cost of materials revolving loans also allow developers to finance only a small portion of a project at any given time which keeps debt balances relatively low this strategy is very different from that of a condominium development where developers have to finance the construction of the entire project all at once with one large construc

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