Construction Development Loan
A flexible loan facility designed to meet the needs of larger scale property development projects.
This product is tailored to meet the outward cash flow needs of your project, with predetermined draw downs and principal repayments structured around your project's inward cash flows.
Features:
- Minimum amount - K50,000
- Term - 1 to 15 years
- Progressive draw-down
- Variable interest rate
- Principal repayments can be structured around the inward cash flows of the project (e.g. the sale of properties)
Benefits:
- A flexible facility to meet the needs of the your project; your business has funding as and when required, and makes repayments that are in sync with the project's cash flows
For further information please speak with your Relationship Manager or call BSP Corporate Banking toll free on 180 1100 or +675 305 7900.