Working Capital / Short-Term Financing
Owners with lumpy or seasonal sales · Companies waiting on customer invoices
Flexible funding to support day-to-day operations and cash flow needs.
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Commercial Financing
Construction & Development Financing
Funding for commercial construction and development projects.
Construction financing pays for the project as it is built. You do not get the full loan in one deposit. You draw money when the work is done and inspected.
How it works
Ground-up buildings, major renovations, and some land or subdivision plans use this structure. The file needs a budget, plans, a contractor story, contingencies, and a plan for what happens when the building is finished — refinance into permanent debt, sell, or occupy. Interest is typically charged on the amount drawn, not always on the full commitment from day one. We review whether the numbers work if costs run long or lease-up is slower than the pro forma. Hope is not a draw schedule.
Who this is for
- Developers and owner-users building or substantially renovating
- Sponsors with plans, a budget, and a general contractor
- Projects that will become income property or an owner-occupied building
- Borrowers who already know how the loan will be taken out
What it typically covers
- Ground-up commercial construction
- Major renovations
- Draws tied to completed work
- A path to permanent financing or sale
A simple example
You are converting a vacant retail box into three tenant suites. Construction financing funds demolition and build-out in stages. When the tenants are in, a permanent CRE loan pays off the construction facility.
Good to know
- Soft costs, interest reserve, and contingency have to be in the budget. Leaving them out is how projects stall.
- This is not a working-capital loan with a hard-hat photo.
Coverage, eligibility, and terms vary by location and underwriting.
Guides
Read this before you quote or apply.
Guide
Bridge loan vs. permanent CRE financing
When speed is the product, when a 10-year mortgage is the product, and what a clean exit looks like.
Read guide