“Oh, You Wanted ALL The Strings Within The Lease Lines?”…and 8 Other End-Of-Year Lender Favorites
“You keep saying this phrase ‘swift code’, and my [local regional commercial] bank keeps telling me they’ve never heard of such a thing.”
“I know we are closing today, but would you mind just running these 7 other debt-sizing scenarios across the portfolio along with detailed quarterly amort schedules adjusted for custom seasonality per project operating year? I assume we could still optimize that and close today without a hitch, right?”
“Our wire cutoff is 9:45 AM”
“Well shit - I’d read that section as ‘Conditions Preferred’; So…you’re telling me I really do need to have a conditional use permit AND an EPC contract?!?! What is this, Russia? Ok fine, that won’t be a problem. Unless your annual bonus depends on us closing before the end of the ye…and I can tell by the tone of your voice now that it does. I guess what I meant was ‘that won’t be a problem for me.”
“Fine….if you reeeeeaaallly need the As-built’s to match the major component technology you’ve been underwriting since May, we can figure something out.”
“Our main person at the Independent Engineering firm just quit because we hadn’t kept them in the loop on any of the last 37 reconfigurations and now we just busted their chops to finalize a report by this afternoon”
“You ok with us shifting capacity testing to final completion? It’s winter so we can’t pass the test right now. Hmmm? That was a completely foreseeable reality that should have been flagged months ago? Hey….you’re the one who chose to work with us, don’t blame me.”
“There’s a township issue. Tax equity says they’ll close over it. If you don’t I’m going to tell the whole market you’re ‘not commercial’”