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This is a medium to long term facility aimed at assisting established and well-structured schools in the expansion of their landed properties to meet obvious or anticipated business demand. The tenor spans from 3 to 10 years, giving schools funds up to 400million.

To access this loan, please walk into your nearest branch and submit the required documents to the relationship team for processing.

Loan Dynamics

  • Minimum of 20,000,000, Maximum of 400,000,000.
  • Competitive Interest rate
  • 1% Management fee.
  • 1% Commitment fee.
  • Tenor: Minimum of 3 years, Maximum of 10 years.
  • Quarterly repayment of principal and monthly repayment of Interest.
  • Security: Legal mortgage on the property being financed or alternative property (Buy) / Legal mortgage on an alternative property (Build).
  • 30% Equity Contribution.