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 50%-100% Interest Free Turnkey Finance And Construction  - Properties - Nairaland

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50%-100% Interest Free Turnkey Finance And Construction by dan6019(m): 2:18pm On Jul 26, 2010
50%-100% INTEREST FREE TURNKEY FINANCE AND CONSTRUCTION 

  We write to confirm our willingness to work with you subject to the following conditions. Also note that these conditions serves as precedence for a full technical meeting. 1.      Registered Land Title 2.Identification of specific project(s)- must be identified. 3.Soft and Hard copies of the Full Working Drawings (Architectural/Structural and Mechanical & Electrical drawings respectively) in a readable format and a comprehensive material schedule. 4.Approved building permits. 5.Confirmation of your 20%-50% advance payment (25%/25% or 30%/20% mile stone payments in the case of 50%/50% structure) in writing, and a Bank Guarantee would be required upon completion, to cover contractor’s own 50%-100% interest free financing to you, 6.Bill of quantities BOQ 7.The contractor shall provide an Advance Payment Guarantee (APG) and a Performance Bond as comfort, for all payment received from  the property owner 8. We only undertake project(s) from N1Billion Naira or $10Million and above or multiple of projects adding up to the above amounts.   9.We charge an arrangement /facilitation fees of 7% of the cost of construction. We look forward to a mutually beneficial business relationship.

Note that the body is not a partner with the owner nor interested on how much profit the owner of the project/sponsor makes.

It is also of note that the project owner is not expected to pay a dime upfront.

If your project(s) in the pipeline satisfy the checklist above, let's talk.

Daniel Adebayo,
CleaveXploits Ltd, Suite A15, Cherub Mall,by protea hotel, Chevron Drive, Lekki
Website:www.cxploitsltd.com, email:info@cxploitsltd.com,adebayo6019@cxploitsltd.com,
+2348033259595, +2348055342735,
17415152
Re: 50%-100% Interest Free Turnkey Finance And Construction by dan6019(m): 4:41am On Sep 12, 2010
get in touch with us today if you have a project with all the necessary papers ready but seeking for construction and financing facility.
Re: 50%-100% Interest Free Turnkey Finance And Construction by dan6019(m): 1:20am On Oct 08, 2010
the cost you incur is getting the papers ready as we will not be part of this, in the area of finance and otherwise. you are the owner of your project.

No collateral will be required from you except the BG, which does not come until the completion of the project.

Financing is guaranteed to the tune of 70% of the total cost and this comes interest-free and the payback period is determined by you.

you are to have your land with title document, all the necessary drawings - mechanical, architectural, electrical; so also your BoQ and the Pemit for the structures.
EE (APG)
The Project has to be turnkey in nature, for ease of paying back the loan.

Your 30% CONTRIBUTION comes in milestone, not the bulk once.

No commitment, whatsoever is requested of you at the commencement of the Project.

A PERFORMANCE BOND will be issued to you to ensure the contractors act within the ambit of BOQ.

For your equity contribution, you will be given an ADVANCED PAYMENT GUARANTEE (APG). This is to give you the rest of mind that your contribution is safe, in case anything happens.

The Arrangement fee is also not payable at the commencement of the construction, until a while into the construction
Re: 50%-100% Interest Free Turnkey Finance And Construction by dan6019(m): 9:51am On Oct 18, 2010
You call for a meeting to throw more light on any grey area
Re: 50%-100% Interest Free Turnkey Finance And Construction by dan6019(m): 6:31pm On Nov 28, 2010
Once you are through getting those documents ready, call us, we are very eager to contribute our quota in the provision of housing units for the teeming Nigerian Populace
Re: 50%-100% Interest Free Turnkey Finance And Construction by dan6019(m): 12:13am On Feb 16, 2011
still open

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