ABC Global Asset Requirements

Other Mandatory Requirements for ALL

• Duly filled, signed and dated Loan Application Form
• Provision of all documents required on the Loan Application Checklist
• Read, understand and accept the Terms & Conditions
• Professional property valuation to be carried out by valuer on ABC Bank’s panel
• Evidence that statutory approvals have been obtained e.g. National Environmental Management Authority (NEMA) approvals, County and Municipal Council approvals, Approved Architectural plans
• Rent and rates clearance certificate
• Profile of professionals undertaking the construction project e.g. architect, quantity surveyor, structural engineer, contractors
• Copies of signed contracts between Developer and Contractor
• Bills of Quantities from a practicing Quantity Surveyor
• Provision of the approved building plans and structural drawings
• Contractors agreement specifying duration of the project and performance bond.