Mailane Construction Loans provide financing support to eligible contractors, builders and construction businesses seeking to execute projects, acquire essential resources and strengthen their operations.
Our financing solutions are designed to support approved construction-related needs, from project execution and materials to equipment and completion of ongoing projects, subject to assessment and applicable lending requirements.
Construction Loans may support:
Construction Tender Financing
Financing to support contractors and construction businesses with the resources required to execute awarded contracts and approved projects.
Construction Equipment & Materials
Financing for the purchase or acquisition of construction equipment, machinery, building materials and other essential project resources.
Project Completion
Financing to help contractors complete ongoing construction projects that require additional resources or working capital.
Construction Working Capital
Support for approved operational and project-related expenses required to keep construction activities progressing.
Project-Focused Financing
Financing designed around the specific needs of construction projects and businesses.
Tender & Contract Support
Support for eligible contractors executing awarded construction contracts.
Equipment & Materials Support
Financing to help acquire essential equipment, machinery and construction materials.
Project Completion Support
Additional financing support for viable projects that require resources to reach completion.
Loan Amount
Determined based on the project requirements, contract value, financing purpose, repayment capacity and credit assessment.
Repayment Period
Determined according to the approved facility, project requirements and applicable loan terms.
Repayment
Repayment arrangements are agreed according to the approved financing facility.
Interest & Charges
Applicable interest rates, fees and charges are communicated before the facility is finalized.
Security
Security and other supporting requirements may apply depending on the financing amount, project and credit assessment.
Construction Loans are available to eligible contractors, builders and construction businesses that meet Mailane Microfinance's applicable lending requirements.
Applicants should demonstrate:
- An established or viable construction business.
- A clear and acceptable construction-related financing need.
- A viable project, contract, tender or approved business purpose, where applicable.
- Demonstrated ability to repay the facility.
- Appropriate business and financial records.
- Compliance with applicable construction, business and regulatory requirements.
- Any additional criteria determined during the credit assessment process.
Applicants may be required to provide:
- Valid identification.
- Company registration and relevant business documents.
- Business licence and applicable tax identification documents.
- Construction contract, tender award, subcontract, purchase order or other relevant project documentation, where applicable.
- Bank statements and supporting financial information.
- Project details and intended use of the financing.
- Pro-forma invoices or quotations for equipment and materials, where applicable.
- Details of previous or completed construction projects, where applicable.
- Relevant security documents, where applicable.
- Any additional documents required during the assessment process.
Start your Construction Loan application by submitting the required business, project and supporting documents.
Our team will review your application, assess the proposed construction financing need and evaluate the project's viability and repayment capacity.
Once the application meets the applicable requirements and is approved, the facility will proceed to disbursement according to the agreed terms.
Ready to move your construction project forward? Apply for a Construction Loan today or contact our team for assistance.
