Construction financing is a short term facility that is utilized to finance the construction of a real estate project.

Lenders examine the parties involved in the construction, such as the developer.

Once the lender is satisfied with the information, you will sign the contract and receive the funds you need.

We can offer the lowest interest rates in Ontario depending on the case presented. With our interest only payments and flexible repayment terms, you have the option to incorporate your interest payments into the loan. With these options, you will have peace of mind throughout your project.
Different forms of construction financing:

• Land Purchase Loans: Undeveloped land, partially developed land, serviced lots, un-serviced lots, single lots, multiple lots.
• Site Development Loans: Roads, sewers, and other infrastructure.
• Syndicated Deals: Working with multiple lenders on large projects involving complex execution and multiple Tranches and cluster development.
• Building Construction Loans: Home renovation, additions and new construction for residential or commercial projects.
• Construction Bridge Loans: Covers funding shortfalls near the end of a project unmet by the building construction loan.
• Condo Inventory Loans: Additional capital after construction to provide cash flow to the project until condo registration is received.
• Long Term Take Out Loans: Long term loan facilities that pay out construction loans once an occupancy permit is received.
• Mezzanine Loan: Quasi form of equity financing secured by the project and utilized to cover off the equity requirements of the senior lender.

Most construction projects will require two or three of these applications during a single project, and still others may require more, depending on the complexity of the project.

Because each type of financing requires a unique loan, and sometimes from a different lender, the seamless coordination from one source of financing to another is critical to keeping your project on track and minimizing your overall financing costs.

Working with too many brokers and lender over the duration of any project can also become very complex to manage and increases the risk of having problems keeping your overall cash flow on track.

We have collaborative full capital stack plans. Our active involvement and advisory role; will help in seamless execution.