Construction Funding & Development
Your business’s growth shouldn’t be restricted by the high cost of real estate markets. When it costs more to buy property, it’s time to build!
Leverage our lender network to get the best land acquisition, development, construction, and investment property loan rates. We’ll help you finance your new build or property renewal with easy-to-understand terms and reasonable interest rates. Call us today!
Solutions
Land Acquisition and Development Loans
Before you can build a new property, you need a place to put it. Land acquisition and development loans help businesses like yours prepare space for upcoming construction projects. Cover expenses like tree removal, utility infrastructure, environmental assessments, and surveys with a loan from our network of professional lenders.
If you want to turn your architectural designs into reality, get the space you need to make it happen. We can help you locate, purchase, and prepare land suitable for your next ambitious project. Discover how easy it is to find the right financing and to kickstart your construction.
Term-to-Perm Construction Loans
Most construction loans are designed to cover the cost of your building project. When the building is complete, you pay off the loan principal all at once. It’s not always easy to prepare for a large repayment, especially if the new property hasn’t started earning yet.
A term-to-perm construction loan starts as a typical construction loan. Funds are disbursed as each milestone is reached. Unlike a typical construction loan, however, a term-to-perm loan converts into a long-term loan at the end of the construction phase. Then, you can pay off the principal in installments over time.
Working Capital Line of Credit
A working capital line of credit lets you borrow up to your limit as often as you like. Unsecured lines are available to businesses with high credit scores. If your score isn’t what you want it to be, you can secure a line with real estate, equipment, or other assets.
If a loan doesn’t make sense for your small business right now, we can show you ways to reduce your debt to free up working capital.
Construction Loans
Now that you have the land to build on, it’s time to lay the foundation for success. With a construction loan from our broad lender network, your business can get the financing it needs to cover any size project. Build new retail locations, distribution centers, parking structures, and more.
With a traditional loan, you get a lump sum upfront. But what happens if your project doesn’t go as planned? You could end up locked into a long-term loan with early repayment fees. Instead, get a loan designed with your construction project in mind. Funds are disbursed as you reach construction milestones so you borrow as you go.
Investment Property Loans
Investment properties pay back their value through income generation. Examples of investment properties include hotels, motels, apartment buildings, retail centers, residential subdivisions, and office parks. You can choose to build your own investment property or acquire one already built. An investment property loan makes onboarding income-generating real estate affordable.
If you want to add value to your investment portfolio, leverage our lender network to get the best rates and terms. We’ll connect you to honest, reliable lenders that will give you the financing you need to complete your project. Have questions? We’re here to answer them every step of the way.
Owner-Occupied Property Loans
Real estate loans work differently when you want to house your businesses on-site. In most cases, you can find better rates on property loans when you operate out of the real estate you’re funding. You can even choose to occupy part of the property while renting the rest of the space to tenants. Rental payments can help offset the cost of the loan.
To qualify for an owner-occupied loan, lenders require you to use a minimum amount of space for your business. SBA loans require owners to occupy a minimum of 51% of the usable space. This does not include crawl spaces, utility closets, columns, or common areas.
Advantages
Construction financing gives you the opportunity to build the facility that is right for you. With Construction financing, you’ll draw on a pool of funds as each stage of the project is completed.
Build what you want where you want it.
Develop from the ground up.
Free your business from lease payments
Own your property.
Long and short-term funding available
Construction and Term-To-Perm financing options.
Down payments as low as 10%
We will match the lender and terms to your end goal.
Lender Network
In Available Funds
Fast Approval
Get the financing you need for the land and construction projects that will grow your business. We’ll help you discover how affordable it can be to turn your blueprints into a reality. Our professional brokers have helped countless small businesses like yours succeed with the right financing.
F.A.Q.s
What are typical commercial loan terms?
Loan terms can range from the life of the project (traditional construction financing) to 20 years (term-to-perm rollover), with an amortization period that can exceeds the life of the loan. We’ll connect you to a lender with terms that are right for your construction project.
How are construction loans structured?
What is the debt to income ratio for construction loans?
What happens if construction is interrupted?
Because construction loans are funded per milestone, you only need to repay the amount released for each completed milestone. That means if your project is stalled or shut down, you only repay a portion of the total project cost. Because construction loans are often interest only, delays can increase your total cost of capital.