Development Loan
The development loan is structured to fund the construction of multiple properties. When it comes to residential properties, the development loans can be used to develop up to four units, includes but not limit to houses, apartments, duplexes, triplexes, and townhouses.
In addition, this type of loan lets you do more than just improve upon construction, which means it allows you to pay for the excavation and infrastructure.
At Running Capital, we could also help you with commercial property development loans for warehouses, factories, office spaces, retail outlets, and more!