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Contract loans for contractors in the construction industry

Loans to contractors under a specific contract.
Under certain conditions, loans can be provided to an organisation specifically established in order to implement the contract (Special Purpose Vehicle, SPV)

Types:

  • Government contracts for the construction/reconstruction of facilities
  • Independent contractor agreements for construction/reconstruction of facilities
  • including subcontracting agreements under the above agreements

Opportunities:

  • Special approach to pledged security
  • Financing term of up to 5 years with an extension of up to 7 years but not more than the duration of the Contract

What for? 

  • Financing/refinancing direct costs to implement the contracts
  • Refinancing of loans from other banks provided to finance the costs of contracts

Restrictions:

  • Member of a self-regulatory organisation in the construction industry
  • At least 2 implemented contracts
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