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Apartment development The development with 90% loan to cost ratio, tight deadlines. No-pre-sales, no fixed contract. Currently under offer
The developer did not want to do pre-sales, wanted to manage the project solely with no fixed contract in place. We have arranged the finance and met all client’s requirements with Interest rate of 6.5% per year.
International trading company with private personal & business loans, wanted to refinance and consolidate debts. They sought bank’s support for the business and future development. The client was accepted by the bank and was able to improve the business performance.