Bridging Finance

The prupose of the bridging loan is to assist members for the construction of residential and/or commercial properties.


  • Maximum duration 9 mths
  • Extension in excess of 9 mths is to be approved by the Board of Directors
  • Interest is to only be paid monthly/weekly for the period
  • At the end of the 9th month the total loan is to be paid off in full
  • All legal fees are born by the member
  • Draw-downs-payments will be disbursed upon presentation of valid receipts
  • Member should be in good standing with at least (1) year membership

Maximum value & repayment period

  • Maximum amount – $1.2 mil
  • 120 mths – 240 mths

Debt service ratio


Interest rate

6% per annum on straight line