Southern Capital Funding Network provides alternative financing advisory services to small business owners, real estate investors, and commercial developers looking to build, rehab, fix-n-flip, and develop new properties.
We specialize in ground-up construction and value-add project financing from $500k - $25 million.
For those business owners or real estate investors looking for more participation on the capital stack, we offer alternative solutions from multiple funding sources that will service as debt, mezzanine, and preferred equity partners if needed.
Through our Commercial Construction Division, we are able to offer our clients an extensive menu of commercial construction programs to include:
NNN construction
- Highly leveraged construction loan program for net lease properties, that includes up to 95% LTC, up to 80% LTV “As Completed”, 24-month maximum loan period and 12-month maximum funding period.
100% LTC - Developer Program
For those developers that are only interested in making their development fee without the complications of ownership, we have a program available for them. This is NOT a financing strategy, this is a presale. The developer is selling a "shovel ready, actionable" project to the investors at a pre-negotiated price. The developer is locking in their profit and only risking the predevelopment capital it took to get ink on the lease(s) with the tenant and the approvals to build it... this predevelopment capital is returned to the developer at closing.
Funding up to 100% of total development costs for developers constructing single-tenant retail developments from $1 million to $25 million.
Benefits to the Developer - there is no need for the developer to raise or contribute equity, or secure bank construction financing, because lender provides 100% LTC construction financing. The developer receives typical development fees and profit, as opposed to the earnings received in straight fee development deals. The developer also realizes significant costs savings by eliminating lender fees, as well as the need for an appraisal and a second closing–further saving on disposition fees, attorney fees, transfer taxes, etc. The developer’s personal liability is limited to providing performance and cost overrun guarantees.
Subdivision Construction Lines
New ground up construction lines of credit for rental investors and spec builders for Non-Owner-Occupied, Single-family residences, 2 to 4-unit properties, Townhomes, and Multi-family properties up to 20 units.
Construction Lines of credit up to $10 million. Individual property loan amounts from $150k - $2.5 million. Funding up to 75% of land value and up to 95% of construction budget, and 75% completed appraised loan-to-value.
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