Construction loans allow investors and business owners to finance the development and construction of a commercial property. There are different types of construction loans available, so it’s important to understand the options before you apply. One type of loan is a “construction-to-permanent” loan, which allows you to borrow money for the construction of your commercial property and then converts to a conventional or SBA loan once construction is complete. A Bridge loan is another option if you are looking to develop or improve a commercial property without having to provide full financials.
Construction Loans Include:
- Conventional, SBA and Bridge Loans
- Loan Amounts $500,000 to $50,000,000
- Up to 75% LTC and 90% LTC with SBA Loan
- Investment and Owner-Occupied Loans
- Nationwide Loans