IMA is in a unique position of being able to assess transactions from both a banking and property perspective. Each transaction is assessed by IMA’s credit committee and must satisfy the following criteria: -

 • The project is to be undertaken by a developer with a demonstrated track record of performance and integrity;
 • The project fundamentals and feasibility are sound and logical;
 • All project risks (particularly market, development and statutory approvals) have been mitigated to the extent possible, relative to
    the interest rate;
 • The transaction is supported by appropriate security and underlying property value; and
 • There is a clearly identifiable repayment and exit strategy.

Prior to advancing any funds, IMA and its legal advisers and consultants undertake a comprehensive due diligence program, which includes verifying that all conditions precedent are satisfied and securities are enforceable. Once a project commences, IMA attends regular project control group meetings and provides a monthly report to investors.