Construction Financing
Short-term capital for ground-up builds and renovations – drawn in stages as the work is completed.
- Amount
- Up to $5M
- Time to fund
- 3 weeks
- Term
- 6–24 months
- Rate
- 4%
You have signed the build. The materials deposit is due before anyone breaks ground, the crew expects to be paid on Friday, and the first draw does not land until work is already in the ground. The gap between winning a job and getting paid for it is where most builders stall.
- A signed contract and a draw schedule you can show
- Costs that land before the draw does
- Ground-up or a gut renovation, not a cosmetic refresh
This is termed for the length of a build, not a decade — you repay as the project completes, so the exit has to be real before you start.
What you need to have ready
Having these on hand is the difference between funding in days and funding in weeks.
L1 Application (BFI merged)
Long-form lender application. Print, fill, sign each page, scan back to a single PDF.
S2a Financial Statement
Personal financial statement. Assets, liabilities, schedule of real estate owned.
Construction Draw Schedule
Phased draws with line-item budget. Required for construction-financing underwriting.
Project Spec Sheet
Property + project specs: lot size, beds/baths, finishes, target ARV.
Four steps, one profile.
- 01
Prequalify
Answer eight questions about your business. No documents yet.
- 02
Get matched
We check your profile against the criteria of every active lender on the platform.
- 03
Apply
Submit the application and supporting documents for the product you picked.
- 04
Get funded
The typical timeline for this product is 3 weeks.
Amounts, terms and rates shown are ranges across our lender network, not an offer of credit. Final terms depend on lender underwriting and your business profile.
Not the right fit?
See what you qualify for.
One prequalifier covers every product. It takes a few minutes and tells you which options are actually open to you.