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Wednesday, 13th December 2017, 4:54:pm

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Housing Finance Company Ltd (HFC)

Housing Finance Company Limited (HFCL) is a financial body which was incorporated on 21 May 2003 under the Companies Act, 1972. Housing Finance Company (HFC) is a government owned company which provides financing to Seychellois for the purchase of land, the construction of houses and financing home improvements.

Its major role involves borrowing from banks at a reasonable interest rate and subsequently lending to clients. It has provided lending services to the low to middle income population for the past 10 years and it aims to continue providing affordable loans to the less income earners while operating a proficient company.

HFCL aims to provide innovative and affordable housing finance solutions to the low- and middle-income housing market and to be the leading provider of integrated solutions for the acquisition, development and improvement of property in Seychelles.

As part of its growth strategy, HFCL seeks to spread out its current successful trend by expanding the loan portfolio by acquiring a loan of SR150million from Barclays Bank. The funds will enable HFCL to meet customers’ demands and at the same time offer reliable financial returns.

HFCL is a company with lots of social responsibilities and is not intended to have large profits; however it should be able to sustain its operational costs.

CONTACT DETAILS

Head Office: PO Box 1112, 1st Floor, Victoria House, Victoria, Mahé, Seychelles

Tel: +248 467 06 00

Fax: +248 461 06 63

Enquiries: This email address is being protected from spambots. You need JavaScript enabled to view it.