Construction Loans

When your business is ready to renovate your current property, or you’ve acquired land to build from the ground up, it’s time to get a construction loan. Our lender network can help.

Explore the Benefits

Learn More About Construction Loans

When constructing an office, restaurant, hotel or other commercial property, it’s easy to over commit capital, which can leave your business short on operating funds. Construction financing give you the capital you need, staged to pay out on project milestones following inspection, which helps you stay on track and on budget. Let us help you find the right construction loan for your next project.

With the Milestone system in place, once a contractor reaches the milestone, funds will be released. This way, you only have to pay for the milestones reached, and contractors are motivated to complete on time and to specification. This reduces the amount you pay in interest if the full project amount were lent all at once.

Lenders in Network

$10K-10M

In Available Funds

Fastest Close

Flexible

Loan Options

Kickstart your venture into real estate with our Construction Loans, designed to fund the development of investment properties like hotels, apartments, or office spaces, enabling you to generate income and build a solid business portfolio. Our offerings include quick approval hard money financing for immediate project commencement, as well as refinancing options to escape high interest rates, improve your credit score, and secure better terms, providing fresh capital for new endeavors.

Investment Properties

By building hotels, apartments, or office spaces for small businesses, you can generate income from tenets. With a construction loan, you can start building a business portfolio with a construction lender with our network.

Hard Money and Financing

This type of loan can be approved quickly, so you and your team can get off the ground in record time. This short-term loan lasts for a few years, and once it ends, you can repay the loan or transfer to a long-term payment plan.

Refinancing

Frozen by a high interest rate? Well, you can free your business by refinancing. This way, you can pay off your old loan with a new one with better rates and improve your business’s credit score and history. This way, you will get new money to put into new projects.

Construction Loans

Advantages

Fund any stage of construction from land acquisition to final walkthrough.

01

Only completed milestones need to be paid back.

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Many loans are interest only until the construction project is complete.

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Utilize equity to secure a loan at a lower rate.

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FAQs

We’ve got the answers to your burning questions.

When is a Construction Loan not a good fit?
When the cost of development or cost of capital and time are greater than the cost of purchasing a comparable building, consider an acquisition loan instead. As the cost of materials and existing properties change in various markets, we can help you identify the best fit.
Can a Construction Loan cover Residential Property?
Construction Loans are usually taken by corporations or business entities for investments or owner-occupied property. For a residential area, we can construct a more suitable plan to help you find the right lender for your needs.
What are the Interest Rates?
The interest Rate will depend upon the cost of the construction, value of the real estate, business credit history, and down payment offered. In general, the rates vary between 4% and 15%.
Who uses Construction Loans?
For big businesses, a construction Loan is for large-scale projects. Small profit organizations use construction Loans to make renovations to their buildings or update the storefront or amenities.