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Building Construction
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Features

The types of loans available under building construction are: Building completion services, development of hotel complexes, social & sporting facilities, other construction services etc.
 

                                                      Benefits

• Competitive interest rates
• Terms available to suit your business cycle
• Reasonable fees & charges
• Minimum equity contribution
• Short decision time
• Flexible Repayments  

 


Term of Loan

The maximum term of loan is determined by the capacity of the project to generate income but not to exceed 15 years.



Requirements

The necessary supporting documents for a Building Construction loan are available in this checklist.


How do I apply?
Apply for an FDB Building Construction loan or call for more information at your nearest FDB Branch today.                                                    
                           


Security 

Some requirements for security in this particular product may include:
• Debentures
• Bill of sale over equipment/vehicle
• Assignments over rental proceeds
• Personal guarantee
• Other collateral security required by the Bank


Need more Information?

If you have further questions or wish to learn more about how a loan is processed read our Frequently Asked Questions (FAQ)

OR

Send us an email with your feedback and comments.