Property Finance

Royal Credit Union Real Estate Finance provides debt financing for construction, renovation and acquisition of properties. These include residential and commercial real estate.

Features:

• Flexibility to meet individual needs
• Loan amount from NGN 75 million
• Equity contribution as low as 20%
• Tenor up to 5 years
• Moratorium up to 2 years

Financing for:

Residential Real Estate:

• Small estates
• Medium estates
• Large estates

Commercial Real Estate:

• Retail- Shopping Malls, Lock-up shops, Markets
• Office- Grade A and Grade B Types
• Hotels
• Others- Schools, Filling Stations, Warehouses, etc.
• We also support construction companies in various ways like providing Payment Guarantee, Performance Bonds, Bank Guarantees.

Requirements

• Project Information
• Title documents
• Projected cash flow of project
• Proof of track record