PRODUCT BENEFITS
PRODUCT | BENEFITS |
Siyanceda Bridging Finance | Access to finance for contractors contracted to the CDC and requiring bridging finance for materials, wages and equipment. |
Smart Choice Order Finance | Access to finance for businesses currently receiving orders from CDC. |
The SBFS Revolving Credit Facility | Access to a revolving credit facility for contractors receiving regular ongoing contracts with the CDC. |
The SBFS Construction Guarantee | Access to construction guarantees for contractors requiring this facility with the CDC. |
PRODUCT SPECIFIC REQUIREMENTS
SBFS REQUIREMENTS | ||||||||||||
PRODUCT | Letter of award | Copy of contract or order/s | Latest certificates | Orders on hand | Cash flow forecast | Complete costing of the works | Programme of works | CIDB Grading | Company registration documents | ID documents | Proof of address | Breakdown of loan amount |
Siyanceda Bridging Finance | x | x | x | x | x | x | x | x | x | x | x | |
Smart Choice Order Finance | x | x | x | • | • | x | x | x | x | |||
The SBFS Revolving Credit Facility | x | • | x | x | x | • | x | x | x | x | ||
The SBFS Construction Guarantee | x | x | x | x | x | x | x | x | x | x |
PRODUCT OFFERINGS
Siyanceda Bridging Finance
Smart Choice Order Finance
SBFS Revolving Credit Facility
The SBFS Construction Guarantee