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Discover LudwigThe phrase "already financed" is correct and usable in written English.
It can be used to indicate that something has been funded or paid for in advance.
Example: "The project is set to begin next month because it is already financed."
Alternatives: "previously funded" or "already funded".
Exact(29)
The American relatives have already financed two new stained-glass windows in the local church.
Osmond has already financed, filmed and sold a pilot show, and is looking for international distribution.
It has already financed the training of three million, he said.
Next year brings two others and an addition to an existing library, each already financed by Mr. Daley.
Most plants not already financed and under construction have been taken off the drawing board, he said.
Opponents of same-sex marriage have already financed a wave of 500,000 automated calls urging voters to contact undecided lawmakers.
Similar(31)
Some of them, as you know, are already financing ads aimed at me and my policies.
China is already financing much of this critical infrastructure, for example, a planned railway linking Kenya with Uganda, Rwanda and South Sudan.
(The department already finances a similar pilot program — known as the Health Incentives Pilot — in Hampden County, Mass., but it is tiny and is scheduled to end soon).
To open things up, the government — which is already financing nearly 19 out of every 20 new mortgages — needs to help struggling homeowners get more manageable monthly payments.
At Mayak, the United States is already financing the construction of a warehouse to protect bomb-grade plutonium extracted from nuclear warheads.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com