Construction Loans
- Construction Tenders Financing, financing to support contractors and builders in bidding for and securing construction tenders.
- Supply of Construction Equipment/Materials, financing options to cover the cost of purchasing or leasing construction equipment and materials.
- Completion of Construction Projects Loans to provide necessary funding to complete construction projects that may be running behind or need additional resources.
Features and Benefits
- Financing up to 60% or more of the cost of goods or services to be supplied against a signed contract or a genuine local purchase order.
- Repayment flexibility.
- Repayment term up to six months.
Benefits
- Assurance for tender execution.
- Short turnaround time of 1-2 days.
- Attractive interest rate.
- Simplified and flexible security requirements.
Requirements
- Company Registration Certificate.
- Business license & TIN.
- ID copy of the applicant and his/her guarantor.
- Procurement contract, sub-contract or purchase order.
- Collateral title documents.
- Bank statements for the last 6 months
- Pro-forma invoice or quotation from the suppliers (if any).
- List of completed past contracts (if any).