Contractors Loan 

-A Financing facility specifically offered to contractors and subcontractors who has government or private contracts won or awarded for building works providing our clients opportunity to maximize use if their existing capital ensuring timely completion of the project.

Qualified and Eligible Borrowers:

Eligible Projects

Collateral:

Term: Maximum 6 months PN but not to exceed the end date of the contract or approved line. To re-avail a loan 20% payment requirement MUST BE MADE however all outstanding loan availed MUST BE paid or with MATURITY DATE NOT EXCEEDING the end date of the contract.

Loan Amount (subject to HGC Policy guarantee line):

Mode of Payment: Monthly

Requirements:

Additional if applicant is corporation: