Contract Financing
Just won a contract that requires pre-financing and you are wondering where you are going to obtain the required funds? Well you have come to the right place. IBLL is your one stop financial solution center. We can provide that Bid Security that would guarantee your performance and discount your contract proceeds enabling you to have that much needed pre-financing fund.
IBLL has worked with many local contractors in helping them retain and perform their contract terms, so don’t hesitate and forfeit that contract. Just click the link below and apply on line or get to know how to apply off-line.
Requirements list for Contract Financing
Completed Contract Financing Loan Application Form
Signed contract agreement
Copy of legal corporate registered document where applicable (Article of Incorporation or Partnership Agreement and Business registration)
Audited Financial Statements for last 3 years
Copy of bank statements for the last 6 months (if not an IB account holder)
Break-down of construction cost
Notarized corporate resolution
Acknowledgement of Irrevocable Assignment of Contract Proceeds
- Collateral/Security
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