Build Better, Fund Smarter
Flexible Construction Finance Designed To Keep Your Projects Moving From Planning To Completion
Product Overview
BUILDA™ is GlobalTrust Mortgage Bank's dedicated construction finance product tailored for developers seeking flexible capital for project delivery, including joint ventures and phased development. BUILDA™ is structured to de-risk the bank's exposure while supporting efficient capital deployment, milestone funding, and integration into our retail mortgage pipeline.
Key Features
Structured Financing
Milestone-linked capital deployment ensures funds are disbursed as project phases are certified, reducing financial risk.
Equity Contribution
Developers contribute a minimum 10% equity, ensuring shared commitment and reducing the bank's exposure.
Performance Bond
A 10% performance bond, sourced from approved surety providers, protects the bank against project abandonment.
Controlled Inputs
Funds disbursed directly to certified vendors and contractors via invoice validation — preventing diversion.
Joint Venture Flexibility
BUILDA™ supports individual developer and JV structures, enabling larger-scale development projects.
Banking Relationship
All project accounts and sales proceeds must be domiciled with GlobalTrust, deepening the banking relationship.
Expert Oversight
GlobalTrust-appointed or approved consultants monitor project milestones, providing independent validation.
Sales Domiciliation
Sales proceeds are channelled through GlobalTrust, enabling early loan repayment and pipeline integration.
Collateral Terms
Collateral is evaluated case-by-case, typically involving the land title, project SPV, or receivables.
Eligible Developers
This product is targeted at mid-to-large scale developers, cooperatives, and landowners who meet the following criteria:
- ✓Registered business entity with minimum 2 years development experience
- ✓Proven track record of project delivery or Joint Venture participation
- ✓Active account with GlobalTrust for at least 3–6 months
- ✓Project documentation: approvals, bill of quantities (BOQ), schedule, and milestones
- ✓Available equity funding of at least 10% of total loan value
- ✓Commitment to use a GlobalTrust-certified project consultant
Flexible and Milestone-Based Solutions
Loan Tenure
Flexible financing periods ranging from 6 to 36 months to suit project timelines.
Interest Rate
Competitive 2.9% monthly flat rate, risk-adjusted based on project profile.
Disbursement
Capital released in tranches synchronized with certified project milestones.
Performance Bond
Required 10% bond sourced from recognized surety providers for project security.
Repayment
Choice of Bullet or Amortized structures, tailored to your specific sales strategy.
Collateral
Evaluated case-by-case; typically involves land or the project SPV.
Use of Proceeds
Funds disbursed under BUILDA™ must be used solely for the acquisition of physical materials, including structural components, finishings, and infrastructure. Payment is made directly to vendors, contractors, or consultants, based on invoice and project milestone validation.
Project Monitoring & Compliance
To ensure project integrity, the following controls are in place:
- ✓Project consultant must be appointed by developer from GlobalTrust-approved list
- ✓Monthly project report submission and milestone validation required
- ✓All sales proceeds must be domiciled in a GlobalTrust project account
- ✓GlobalTrust reserves the right to deploy monitoring officers at site
- ✓Non-compliance triggers loan recall, disbursement suspension, or penalties
Sales Integration & Exit Strategy
All completed units financed under BUILDA™ are granted exposure to GlobalTrust's pool of mortgage-ready buyers through the HomeNow™ and HomePlan™ platforms. This ensures faster unit absorption, loan repayment, and developer liquidity.
Ready to Power Your Business?
Open a TrustWallet™ business account today and unlock access to BUILDA™ construction finance, investment products, and the full GlobalTrust ecosystem.