Objective
To provide bridging finance and performance guarantees (guarantees linked to bridging finance only) to small contractors in the building and allied trades based on a secured contract.
Term of loan
The term of the loan is dependent on the nature of the contract, normally not longer than 18 months.
Repayment period
As per approved cash flow of the contract.
Security
Cession over contract payments, personal sureties and any other available security.
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