Business Capital
Construction Finance
Get construction financing for commercial and residential projects. Construction loans, bridge financing, and project funding with fast approval and flexible terms.
What is Construction Finance?
Construction finance provides funding specifically for construction and development projects. This includes loans for building commercial properties, residential developments, renovations, and infrastructure projects.
Construction financing is typically structured to provide funds as the project progresses, with draws based on completion milestones. This ensures that funds are available when needed while managing risk for both borrower and lender.
Key Benefits
Types of Construction Projects
Commercial Construction
Office buildings, retail centers, warehouses, and industrial facilities
Residential Development
Single-family homes, multi-family projects, and residential communities
Renovation Projects
Building renovations, upgrades, and adaptive reuse projects
Healthcare Facilities
Hospitals, medical offices, and healthcare-related construction
Hospitality Projects
Hotels, restaurants, and hospitality-related construction
Infrastructure
Roads, bridges, utilities, and infrastructure development
How Construction Finance Works
1. Project Planning
Develop detailed project plans, budgets, and construction timelines.
2. Loan Application
Apply for construction financing with project documentation and financials.
3. Draw Schedule
Establish a draw schedule based on construction milestones and completion percentages.
4. Construction Phase
Receive funds as construction progresses, typically interest-only payments.
5. Completion
Convert to permanent financing or sell/refinance the completed project.
Typical Terms
Types of Construction Finance
Construction Loans
Traditional construction financing with draw-based disbursements
Construction-to-Permanent
Loans that convert to permanent financing upon completion
Bridge Financing
Short-term financing for construction and development projects
Mini-Perm Loans
Medium-term financing for completed projects awaiting permanent financing
Commercial Construction
Specialized financing for commercial and industrial projects
Residential Construction
Financing for residential development and home building projects
Construction Finance Requirements
Construction finance requirements focus on project feasibility, borrower experience, and financial capacity. Lenders need confidence that the project will be completed successfully and generate the expected returns.
Key factors include the borrower's construction experience, project plans and budgets, market conditions, and exit strategy for the completed project.
Key Requirements
Project Plans
Detailed construction plans, budgets, and timelines
Borrower Experience
Proven track record in construction and development
Exit Strategy
Clear plan for project completion and financing
Market Analysis
Feasibility study and market demand analysis
Ready to Finance Your Construction Project?
Get the construction financing you need to build your vision. Connect with construction finance lenders today.