Commercial Property Loan
This is a medium to long-term loan used to buy property for rental. The product also allows for release of equity from existing completed commercial property. Commercial property includes offices, shopping centres, mixed use and industrial properties as well as residential properties that are leased to third parties
How To Get It
What you’ll need
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Business Registration documents
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Bank statements from other banks
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Financial statement and cash flows
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Accepted collateral includes but not limited to: Tittle Deed Property, Cash or Investments ( Treasury Bills) and Bank Guarantee from a reputable bank
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Favorable Credit Bureau report
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Other requirements / documents may be requested subject to specific borrower conditions
What You Get
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Finance of up to 70% of the value of the property
-
Opportunity to unlock the value in your existing commercial property
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Repayments tied to rental receipts from the commercial property
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Ability to structure repayments to the needs of your business
-
Facility is available for up to seven years subject to your business meeting specific conditions
-
How To Get It
-
What You Get
What you’ll need
-
Business Registration documents
-
Bank statements from other banks
-
Financial statement and cash flows
-
Accepted collateral includes but not limited to: Tittle Deed Property, Cash or Investments ( Treasury Bills) and Bank Guarantee from a reputable bank
-
Favorable Credit Bureau report
-
Other requirements / documents may be requested subject to specific borrower conditions
-
Finance of up to 70% of the value of the property
-
Opportunity to unlock the value in your existing commercial property
-
Repayments tied to rental receipts from the commercial property
-
Ability to structure repayments to the needs of your business
-
Facility is available for up to seven years subject to your business meeting specific conditions