Gulf African Bank - Construction Financing

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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