Family Bank Estate development or project financing Loan is tailored for developers putting up houses for sale. The developer can get financing repayable within 24 months. The terms of financing will depend on the scale of the project and fulfillment of the outlined requirements.
Requirements
- Approved building plans
- Approved structural drawings
- Priced bills of quantities
- Approval from National Environmental Management Authority (Project team to submit their comprehensive CVs, registration certificates and profiles of successful works done in the last 5-10 years)
- Feasibility study confirming the viability of the project
- A formal contract between the developer and the contractor duly executed
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