Commercial Construction Loans
Finance commercial development from concept to completion
Commercial construction loans support the development, expansion, or renovation of income-producing real estate. These loans are designed for investors and business owners who need staged capital releases throughout the build cycle, aligned with project milestones and construction progress.
Start Your ProjectConstruction Journey
Funding aligned with each phase of development
Pre-Construction
Planning and preliminary approvals
Project Types We Consider
Financing solutions for commercial development projects including, but not limited to:
Loan Features
Tailored financing designed to support commercial construction requirements
Up to 80% LTC
Financing may be available up to 80% of total project construction costs, subject to underwriting.
12–36 Month Terms
Short- to mid-term options structured around build schedules and expected completion dates
Milestone-Based Draws
Funds released in phases as work is completed and verified.
Interest Reserve Options
Interest may be built into the loan to support project cash flow during construction.
Ground-Up Eligibility
Financing available for qualified new construction projects on approved commercial sites
Expansion Projects
Funding may be available for square-footage additions and commercial build-outs.
Funding Process
A transparent and step-based review process
Project Submission
Submit development plans, contractor details, budget, and proposed exit strategy for initial review.
Underwriting
Comprehensive review of project feasibility, costs, contractor experience, site details, and projected outcomes.
Approval & Terms
Loan commitment issued outlining rate, term, draw schedule, and requirements prior to closing.
Construction Funding
Initial draw released at closing followed by milestone-based disbursements upon inspection and verification.
Common Questions
Everything you need to know about construction financing
Construction loans are short term financing options, often ranging from 12 to 36 months, designed specifically for building or major renovation projects. Funds are usually disbursed in stages as work progresses. Once construction is completed and the property is stabilized, borrowers often transition into permanent financing such as a commercial mortgage, which typically offers longer terms and different rate structures. The transition depends on underwriting, property performance, and market conditions.
Construction loan funds are released in increments based on completed construction milestones. After each phase is finished, an inspection or third party review may be required to confirm progress before a draw is released. Draws are typically tied to major steps in the construction process, which helps ensure the loan proceeds are used for verified project development.
Construction timelines can vary due to factors such as permitting processes, weather conditions, material delays, or contractor scheduling. Loan terms may include provisions for potential timeline adjustments, subject to lender approval and documentation. Maintaining clear communication and updated project details helps support any extension requests that may arise.
Some projects may allow owner builders, but many lenders prefer or require a licensed general contractor with commercial experience due to the complexity and risks involved. Approval depends on the borrower's construction background, licensing, project type, and the lender’s underwriting criteria. The contractor’s qualifications are an important factor in evaluating project feasibility.
Ready to Build?
Get comprehensive construction financing for your commercial project. From ground-breaking to completion, we fund your vision with flexible draw schedules and experienced support.