Project Financing

For viable projects, Public Bank can either undertake to provide all the necessary funding, or arrange to provide it jointly with other financial institutions.

Bridging Loan
An advance given to a property project developer to 'bridge' his working capital needs and ensure smooth continuation of the project until he has sold the units and received payments from the purchasers.

End Financing
An arrangement with a project developer to provide loans to property purchasers to help them finance the purchase price of the property. Proceeds (usually 80% to 90% of the purchase price) from the end financing will be used to settle the bridging loan.

Syndicated Loan
A single loan jointly financed by a consortium of financial institutions to provide financing for large projects.

Banker's Guarantee
An undertaking by the bank to guarantee payment of a debt or performance obligation by the applicant. This allows you to undertake projects with minimal capital outlay.