Services

Construction Finance

  • Standard Bank SA: loan facility for bridging payment periods
  • Massbuild: Access to material supply. 30 Days credit facilities
  • Facilitation of Performance Guarantees
  • Facilitation of Construction Works Insurance
  • Construction management assistance

What is the Tusk advantage?

  • Collateral free finance and credit
  • Low interest rate on bank loans (currently Prime plus 0,82 %)
  • Flexible payment periods on credit facilities
  • No interest, no delivery stoppages on overdue Massbuild account
  • Financial discipline for project
  • Financial records for the project
  • Construction management assistance as added value
  • Credit history with Standard Bank SA and Massbuild

Since inception in 1997, Tusk has achieved the following:

  • 1 022 Contractors financed
  • R15 billion Total project value completed
  • R2.6 billion Total loan value advanced
  • 330 Housing projects completed
  • 79 000 Houses built
  • 166 Schools built
  • 53 Clinics and hospitals built
  • 148 Roads, storm water and sewer projects completed
  • 9 Sport centres completed
  • 153 Community centres completed

Exclusions to our services

  • Subsidised housing projects smaller than 100 units
  • Other type of construction projects - contract value of less than R2 million
  • Sub-contract work
  • Private Development work

Tell us more about your project

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