Construction

Project finance to deliver on contracts

Overview

BANK OF AFRICA in Uganda has provided reliable financial intermediary services for many leading construction and engineering firms in Uganda. We acknowledge the highly cyclical nature of the industry and work together with our clients to tailor suitable solutions to address their needs at all stages of the cycle.

Discover our special tailor-made building and construction sector offering designed to give you more control of your business, improve your cash flows and manage all your project-related finances.

Dedicated relationship manager

Flexible repayment periods

Multi-currency funding

Competitively priced solutions

Services Banking - Architects, Engineers

General & Specialty contractors

Sector Challenges & Opportunities

Congratulations on getting that award to deliver that contract! We appreciate some employers may need comfort that you will deliver on your obligations.

We are your partner to help manage the risks of entering new contracts while also helping you to protect your critical business relationships.

Discover our affordable guarantee solutions below:

Will you require some funds upfront to get the job done? Speak to us today and discover our advance payment guarantees.
Have you been asked to provide comfort of your ability to deliver on the project? Discover our performance guarantees.

The work has commenced, and we surely appreciate you may need capital, an asset to deliver on your project. We also know that the need to make fast and affordable payments to your suppliers and workers is paramount.

Are you concerned about the high cost of capital to run projects / Contracts? Do you worry about the high cost of acquiring and running machinery while you deliver on the project?

Discover our affordable contract execution support solutions below:

Working capital for your project - do not get stuck while delivering on your project. Discover our Contract finance / LPO financing solution.
Have you issued certificate or invoices for work delivered but payments have delayed? Keep the project on course with our invoice and certificate discounting solutions.
Are you looking to import some materials or machinery but are unable to meet the capital-intensive purchase and transport cost? Improve your payment terms or reduce your cost of funding with your overseas supplier – discover our letters of credit, import finance, asset finance, and import bills of collection solutions.
Streamline and undertake your business and project payments with our swift payments solutions. Discover our local transfers, international transfers, and correspondent bank relationships.
Are you receiving payments in foreign currency? Protect your business against the impact of exchange rate fluctuations – discover our treasury support services.

Well done! We are glad you made it this far. As part of your delivery terms, some employers may require a retention guarantee for the work executed. Additionally, we know the certainty and ease of processing your payments is critical.

We are your partner to help manage the post project terms and handle your payments.

Discover our affordable post project solutions below:

For an employer requiring a retention guarantee, speak to us for our affordable solutions.
Manage cash flow and keep control of your project finances with our multi-currency accounts and trade payments solutions. Your everyday banking needs are indeed interlinked and so are our solutions to ensure you have a smooth flow in the management of your business inflows and outflows.
Oversee your business transactions from anywhere in the world with our borderless business digital solutions – discover our internet banking for business, Corporate VISA card, agent, and mobile banking solutions.
Are you receiving payments in foreign currency? Protect your business against the impact of exchange rate fluctuations – discover our treasury support services.

Our building and construction sector Banking model is for all your stakeholders. No matter the level, we will help make it easy to access world class financial services for all your stakeholders.

Discover our banking options for your stakeholders below:

Personal Banking - Our Corporate Personal Banking service is an exclusive relationship-based offer to directors, senior management, and other personnel of your company. Your Corporate Personal Banking Relationship Manager compliments your business relationship with us and makes it easier for you to manage all your finances together. Our assistance ranges from management of payroll services, pension plans, Group insurance to personal loan requirements. Discover our special rates on our personal banking suite.
Suppliers - Your suppliers and contractors will benefit from our competitive trade finance solutions as they undertake various projects for you and the community. These solutions to them also save you the significant cash flow requirements you need to ensure they deliver on time. Discover our Business Banking opportunities.