SAF Sterling Business Account

Project Finance

Sterling Alternative Project Finance is for those interested in financing developmental projects. It operates based on the non-interest banking principle of Istisna’ in which the Bank undertakes to produce or manufacture certain assets or projects for a client based on agreed specifications at a determined price and for fixed future date of delivery.

Requirements

  • Financing available for SAF account holders
  • Application letter
  • Management and company profile
  • 12 months statement of account from existing bankers
  • Land title documents
  • All relevant building permits
  • Details of developer as requested by bank