Florida developers can now access construction financing from $500,000 to $100 million with closings in just 7 to 35 days through a recently announced loan program. The program evaluates projects based on future value rather than strict income documentation and accepts various property types.
-- Capital Funding Financial introduces a new construction financing program that provides real estate developers with capital for ground-up building projects throughout Florida.
For more information, visit https://capitalfunding.com
The program serves developers and investors who need funding for new construction projects on residential and commercial properties across the state. Capital Funding Financial processes these construction loans in 7 to 35 days, significantly faster than traditional bank financing that often takes months.
The company structures ground-up construction loans from $500,000 to $100 million with interest-only payment options during the building phase. Developers can access up to 75 percent of the project value, allowing them to preserve working capital for other investments and operations.
The construction financing program accepts various property types, including single-family homes, multifamily buildings, mixed-use developments, retail centers, and office buildings. Capital Funding Financial evaluates each project based on future value and cash flow potential rather than strict income documentation requirements.
Builders benefit from flexible terms that include renovation holdbacks, no prepayment penalties on many loans, and both recourse and non-recourse options. The company maintains relationships with developers throughout Florida, from Miami-Dade County to the Panhandle, providing consistent funding for projects of all sizes.
Recent Florida construction projects demonstrate the program's effectiveness in supporting developers who face tight deadlines. The company funded a $6 million construction loan for a single-family residence in Jupiter that will sell for over $10 million upon completion. Another developer received $2.43 million for duplex construction in Delray Beach, while a Broward County builder obtained $3.775 million to complete their project in just 7 days.
"Florida developers need a funding partner who understands construction timelines and can deliver capital when opportunities arise," said Dalton DiNatale, Origination Manager at Capital Funding Financial. "Our ground-up construction program removes the delays that kill deals and provides builders with certainty they can count on."
The ground-up construction program complements Capital Funding Financial's other financing solutions, including commercial bridge loans and fix-and-flip funding for investors.
Capital Funding Financial operates as a direct private lender from Palm Beach, Florida, serving real estate investors and developers nationwide since its founding. The company specializes in financing solutions for residential, commercial, and construction projects that require immediate capital.
For additional information about the ground-up construction loan program, visit https://capitalfunding.com/services/hard-money-program-bridge-loan/
Contact Info:
Name: David DiNatale
Email: Send Email
Organization: Capital Funding Financial
Address: 5550 Glades Rd Ste 200, Boca Raton, FL 33431, United States
Phone: +1-954-320-0242
Website: https://capitalfunding.com
Source: PressCable
Release ID: 89167472
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