GPF investment of up to 20% of the total project costs depending on the discretionary assessment of project needs. GPF will provide 100% funding for projects with total loan exposure of R10 million or below.
15 - 20 years depending on project cashflows and company BEE levels.
Minimum of Johannesburg Interbank Agreed Rate (JIBAR) plus a margin.
- Mortgage Bond
- May require personal sureties
- Minimum 10% of project cost depending on project cashflows and company BEE levels
- Comprehensive Business Plan (Recommended business plan framework is available on request)
- Company registration documents
- Tax clearance certificate
- Essential project information
- Copy of latest Audited Finacial Statements
- Shareholders statement of assets and liabilities may be requested
For more information please contact:
Rental Housing Fund: Sandra Ruiter telephone: 011 685 6600 email: email@example.com