Construction Loans Print E-mail

Your best choice in short and long term investment.

 

Mr Joe Wehbe's construction project photo montage at North Parramatta being proudly financed by Arab Bank Australia

Joe & Ray Wehbe's construction project photo montage at North Parramatta. Proudly financed by Arab Bank Australia.

Our Relationship Managers are more than happy to meet with you on-site to discuss any ideas you may have for a new or existing construction project, whether it be for residential homes, duplexes, townhouses/villas or high rise multi unit developments. Our Construction Loans are also available for commercial projects including the construction of factories and warehouses.

  • Competitive interest rate
  • Flexible repayments including Principal and Interest, Interest Only or the option Interest Capitalised to repay the whole loan from the proceeds of the development.
  • Assistance with reports on pre-construction costs, project feasibility and marketability
  • Structured progress draw downs to assist you in keeping a regular cash flow. There are no Bank charges for progress draw downs
  • Option of linking a Business Overdraft Cheque account and Arab Bank Australia Letter of Guarantee for your suppliers
  • Monitor and transact upon your loan account, as well as transfer money to anyone using Arab Bank Australia's Internet Banking service from any computer

 

 

For details on how to apply or if you would like more information, please contact one of our experienced Relationship Managers.

 

All applications for loans are subject to Arab Bank Australia Limited's normal credit approval criteria. Lender's Mortgage Insurance is required on loans above 80% of the property value that is offered as security. Terms and Conditions apply. Fees and Charges apply. To the extent that any material on this page could be construed as general advice, it has been prepared without taking account of your objectives, financial situation or needs. Because of this, before acting on any advice, you should consider its appropriateness, having regard to your objectives, financial situation and needs.
 
To the extent that any material on this page could be construed as advertising or promotional material for our products, a Product Disclosure Statement (PDS) is available on this website, and should be considered before making any decision on these products.