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Guaranty Trust Bank Term Loans for Schools
Facility Type: Term Loans for Schools
Amount: Minimum of 20,000,000
Maximum of 400,000,000
Pricing: Interest rate: Competitive
Management fee: 1%
Commitment fee: 1%
Tenor: Minimum of 3 years
Maximum of 10 years
Repayment: Quarterly repayment of principal and monthly repayment of Interest
Security: Legal mortgage on the property being
financed or alternative property (Buy).
Legal mortgage on an alternative
property (Build)
Equity Contribution: 30%
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