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At NH Finance, we understand the critical role infrastructure plays in the development and growth of communities and businesses. Our specialized Infrastructure Funding solution is designed to support developers and builders in constructing and improving essential infrastructure components such as roads, drainage systems, power and lighting facilities, sewerage, and water supply systems. We also extend our support to include the development of top structures like houses, apartments, and commercial units when applicable.
Frequently asked questions
What types of projects are eligible for infrastructure funding?
We finance a variety of infrastructure projects, including residential, commercial, and industrial developments, focusing on essential utilities and structures.
How is the first bond on my property used in the funding process?
The first bond serves as security for the loan, ensuring that funds are available and dedicated to your infrastructure project.
Are there restrictions on how the funds can be used?
Funds must be utilized for infrastructure-related expenses, which may include roads, drainage, power, lighting, sewerage, water supply, and in some cases, the construction of buildings.
How does the repayment work?
Repayment starts once sales of the developed units commence. This aligns your repayment schedule with your project’s revenue generation.
What is the typical duration of the infrastructure funding loan?
The loan duration varies based on the project’s scale and complexity. We work with developers to establish a timeline that aligns with the project’s lifecycle and sales projections.
How does the lender assess the viability of a project for funding?
We evaluate projects based on several criteria, including location, project plan, developer experience, market demand, and financial projections.
Is there a minimum or maximum funding amount?
Our funding amounts are flexible and tailored to the specific needs and scale of each project. We encourage discussing your project’s requirements with our team for a tailored solution.
How soon after applying can I expect to receive funding?
The funding timeline depends on several factors, including the completeness of your application and the speed of the approval process. We strive for efficiency to ensure timely support.