How are the cash flows from the financers to the developers? (Loan Disbursement Schedule)
After the approval of loan from the financers the disbursement starts after submission of Lender’s Independent Engineer’s (LIE) Report to the financers. The financers first promote the project owner to invest in their equity. Then as per the progress of the project and LIE Report the loan is disbursed to the developer as per fund requirement and project schedule which demands the fund flow.