The purpose for SME Mortgage is to finance self-employed people and businesses for to acquire developed residential and commercial properties in urban areas.
DIB Mortgage Finance will cater for up to 80% purchase price of commercial and 90% of residential property. The customer will be expected to raise the other portion before the bank funds are released.
This financing is for individuals and companies in need of completing commercial buildings for sale or rent. These can be single or multiple dwelling units for resale, rental or both
Facility for commercial property development covers up to 90% of the construction cost.
If your business holds stock for resale or processing then this facility will suit you. Some of the target businesses include; Bakeries, Retailers/wholesalers, Contractors, Petroleum dealers, Stockists, Pharmacies, Flour Mills, Motor Dealers, Spare parts dealers, Grain Merchants etc. The above are only examples and the list is not exhaustive.
Working capital finance can be used for a variety of purposes ranging from paying salaries, purchasing of stock, paying for advertisement/marketing, expansion into new regions. This facility can help your business get ahead of competition.
The repayment period depends on the trading cycle of the business. Thus, it varies from one type of business to another. We can guide you on an appropriate financing term for your type of business.
This solution offers financing to companies to enable them undertake projects or tenders issued by the government or reputed companies. The financing covers both tenders for supply of goods or construction projects.
If you are a reputable business with a track record of successfully undertaking similar projects as the one financing is sought for, then you are the partner we are looking for.
The repayment period will be dependent on the nature of project undertaken. However, the period will revolve around 90 days.
Our financing product for medical practitioners enables health practitioners acquire medical equipment, hospital premises through mortgage, auto finance or even funding of day to day operations through working capital financing.
Financing is available to private medical practitioners, private hospitals and mission hospitals in need of equipment and other facilities related to their operations.
No. Our scheme finances only purchase of new medical equipment.