Construction Finance Loan
Tap into a flexible development financing solution that offers milestone-based funding for residential, commercial, and mixed-use projects, ensuring that capital is released as progress is achieved.
Features
A structured financing package offering up to 70% project funding with a two-year tenor, 36% annual interest, a 30% equity requirement, and secured by a legal mortgage on the property.
Benefits to Borrower
Access to critical funds when you need it to push through your project
Flexible repayment plans for up to 2 years tenor aligned with customer’s cash flow
Competitive interest rates
Professional advice and project management services
FAQs
You can access financing of up to 70% of the property value or project cost, while contributing a minimum equity of 30%.
The loan offers a maximum period of two (2) years, with flexible repayment terms and the option of a moratorium where applicable.
The facility attracts a 36% annual interest rate, a 1% management fee (paid upfront), and other standard charges such as monitoring fees, legal/perfection fees, and insurance premiums, all subject to the bank’s tariff.
Security includes a legal mortgage over a collateral property (different from the project site), registered title documents (C of O, Deed of Assignment, etc.), personal guarantees, and necessary insurance policies like Key-Man and property insurance.
Funds are released on a milestone-based schedule, ensuring efficient use of capital and proper project execution.
Yes. Borrowers receive professional project management services, ensuring quality control, stable material pricing, and timely delivery.
You enjoy flexible financing, competitive interest rates, moratorium options, expert construction finance guidance, and end-to-end support from planning to project completion.
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