Construction Finance
Get financing for residential and commercial properties to sell, rent or buy-and build with flexible security requirements. Our financing facilities allow you to acquire fixed assets without drawing working capital from your business. Features Loan amount is according to the serviceability of your business, demonstrated from existing and projected income streams. Customer to contribute a
Get financing for residential and commercial properties to sell, rent or buy-and build with flexible security requirements. Our financing facilities allow you to acquire fixed assets without drawing working capital from your business.
Features
- Loan amount is according to the serviceability of your business, demonstrated from existing and projected income streams.
- Customer to contribute a minimum of 30% of gross construction costs.
- For Buy-and-Build, the customer must contribute a minimum of 30% of the total costs of land plus construction.
- Loan has a maximum repayment payment period of up to 36 months with a maximum grace period of up to 24 months.
- Customer to contribute a minimum of 30% of gross construction costs.
- Can be converted to a mortgage after the construction period, with a door to door tenor of uo tp 120 months.