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The phrase "has been financed" is correct and usable in written English
It is the past perfect passive form of the verb "finance", and is typically used to show that something was done, usually by someone else, prior to the time mentioned. For example: "The research project has been financed by the government."
Exact(57)
Much of our acquisitiveness has been financed by debt.
The new bank has been financed by Afghanistan's Central Bank.
Some of the cost has been financed with federal loans.
Often this has been financed with large borrowings.
In the past the EU has been financed mostly out of customs duties and agricultural levies.
Some of this has been financed by bank deposits from Russia, Ukraine and Serbia.
So far, the plan has been financed in a limited fashion.
If it has been financed by a European bank, the answer may be yes.
The cost has been financed almost entirely through maintenance increases and the co-op's reserve fund.
Most of the building has been financed by developers from southwestern China.
The Project has been financed both by corporate dollars and by Knight's own money.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com