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+(252) 611 38 2020
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info@bbbank.so
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Thurs 8:00 AM - 4:00 PM
Project / Real Estate Finance
Project finance is long-term financing of an independent capital investment, which are projects with cash flows and assets that can be distinctly identified.
- Tailored to companies and Individuals.
- Maximum Finance amount will be 60% of the purchase.
price/valuation amount - Repayment period up to 3 years
- Other terms applicable to mortgage finance would apply.
- Administration & documentation fee 1%
- Filled Facility application form.
- Certificate of registration (CR)
- 3 years audited accounts.
- 12 months bank statement
- Approved building plans and approved structural drawings prepared.
by an Architect - Supporting Bills of Quantities (BOQ) drawn by appointed Quantity.
Surveyor (QS) - Copy of executed building contract agreement stipulating the
appointed professionals. - Evidence of existing sources of income to the service facility
- Copy of Lease/Proof of location of the business
- Director's joint and several guarantees
- Copy of title of the property