Residential Real Estate Construction Businesses Seeking Loan in Cebu City

- Real estate construction company for residential, commercial, and industrial projects. - Formerly a single proprietor company formed in 2001, then re-established as a family corporation in 2016. - Have executed 50+ construction projects for residential and commercial/industrial clients. We have 2 ongoing projects for residential construction and renovation works. - We have recently entered into real estate development and have 2 properties in Toledo City and Balamban. Have already purchased the land (2 hectares and 1.12 hectares respectively) and we need funds for completing the development. - Balamban property will be developed into a 46-flat apartment complex with future plans for a 2-story commercial building. - Toledo City property will be developed into a 63-flat apartment complex with clubhouse and swimming pool, and with future plans for a 3-story commercial building. - Post obtaining funds, both projects are expected to be developed and completed in 5 years. - Our projections estimate a total profit of PHP 40 million from the two development projects. - Our revenue has decreased this year since we are focused on our own development projects and worked on fewer construction projects than last year.