Gavin Diamond, CEO at Inspired Lending, discussed the key elements in the life cycle of the deal in his blog with Financial Reporter. 

‘The real question is not how quickly you complete the deal, it is how the deal behaves from that point onwards and how well it stands up when tested.’

‘If a borrower comes to us and says they were expecting to reach a certain stage by a particular time but have not quite got there, the starting point is not to look at how that is penalised, it is to understand what has changed, how that affects the overall plan, and what needs to be adjusted to keep the deal moving in the right direction to achieve a good outcome for all.’

See the full blog here.