Gulf African Bank - Construction Financing

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Construction-Finance

Construction Financing

Expand your real estate business and construct commercial property for sale or rental through our construction financing scheme. With flexible repayment schedules, you are not limited by options.

  • From 1-10 years

  • Completed Credit SME Application Form

  • Business registration certificate

  • Certified/original bank statements for the last 2 years

  • Copy of ID/Passport

  • Certificate of official title search (with minimum lease of 45years)

  • Copy of title of the property

  • Confirmation that ground and land rates are fully paid to the City Council, with attached receipts

  • Approved building plans (for new properties)

  • NEMA certification

  • Notification by approval of local authority with Minute number

  • Certificate of compliance from the District Physical Planning Officer

  • Profile of the contractor, the architect, and other professionals

  • Project schedule