It might be difficult to know where to begin when looking for construction funding for a new project. You've located the ideal commercial property, but what should you do now? How do you know which commercial lenders to utilize for…
Construction loans are a type of short-term finance that can help you pay for the costs of building a new facility or expanding an existing one. Community banks have traditionally dominated the construction loan industry. However, a building loan program…
One of the most essential considerations you will make is which loan to use for your construction project. It's a long-term contract with significant financial repercussions, so finding a trustworthy partner that can assure a smooth, transparent, and stress-free transaction…
Being a finance guy, and getting the opportunity to review multiple projects every day of the week, it's become a very hot topic of conversation. Why is that? And what's all the fuss about? Here are few observations I've made…
Getting financing for your development or construction project can be challenging enough. But add to that any of the following circumstances, and it can be pure misery. If you've ever worked on a commercial construction project, you know how difficult…
If you’re laughing while you’re reading that title, “It’s just a construction loan. What Possible Construction Loan Mistakes Can I Make?” then you’ve obviously done this before. If you genuinely want to know, then please allow me to unpack just…
Few firms can afford to start a building project on their own cash, whether they're trying to grow or start from scratch. Commercial construction loans come into play in this situation. Commercial construction loans are used to fund the construction,…
Maybe you're new to private money, or are used to borrowing from banks for your development and construction loans. But there are times when using private money, sometimes referred to as "hard money", makes sense. Look, it's just a tool.…