All forms of funding will require some level of diligence to be undertaken; the extent required will be defined by the organisations providing finance.
A third party will be engaged to review all project documentation; responsibility for funding this activity remains with the project and maintaining excellent project records will support this process.
Financial close is the effective completion of the diligence process; on financial close, a formal agreement is signed, thereby giving access to funds.
To support this process, our Investment Ready Tool can help you prepare all documentation for due diligence.
