Property backed Financing
Property Backed Financing is a purchase or refinance loan for your property. It can also be an opportunity for you to secure additional working capital
Eligibility
- A certified photocopy of Memorandum & Article of Association, Business Registration, Form D, Form 9, Form 24 & 49
- Company and Holding Company profile, Particulars of Directors / Main Shareholders and photocopy of each Director's Identity Card
- Certified photocopy of the last 3 years of Audited Financial Accounts and latest Management Accounts, and the last 6 months of Bank Statements from other banks
- Certified photocopy of the Sales and Purchase Agreement and the Valuation Report
- Terms and conditions apply. All applications are subject to the Bank's credit assessment
Frequently Asked Questions
What is the maximum tenure of the loan?
The maximum tenure of the facility is up to 25 years for new property purchase or up to 30 years for property refinancing.
What do I need to give as security?
We can finance purchase of completed or under construction properties (Commercial Units, Industrial Units or Residential Units).
Can I prepay all or part of my loan?
You can prepay all of your loan if you provide us with at least 3 months written notice. You can prepay part of your loan if you provide us with at least 1 month written notice. In addition, please note that you will incur a charge of 1.5% on the amount prepaid if you make any prepayment within the first 2 years of the loan disbursement.
Property backed financing solutions for businesses to acquire industrial and commercial properties and working capital financing
Maximum Loan Quantum
Maximum Repayment Period
Interest Rate
Maximum Loan Quantum
Up to 120% Loan-to-valuation
Maximum Repayment Period
Flexible repayment tenure
Interest Rate
3.8% per annum (EIR)