Alaska commercial construction loan

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

1

High LTV

We fund hard money loans up to 80-90% LTV with no issues.

2

Fast

We promise to treat you like a partner

3

No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

Raised
APR
ARV
700,000
9,0%
60%
100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

Raised
APR
ARV
1,200,000
11%
82%
100% Funded!

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

Delancey Street makes lending easy. They took a chance on me when no one else would.

Leo kovacz

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

Alaska commercial construction loan

If you are a business owner, it is possible that you have heard of a commercial construction loan, but you may not have been told all of the details. A commercial construction loan is a loan given to business owners who want to expand their business. This can mean to take an abandoned building in the area and remodel it, or this may mean to build an entirely new facility in a completely new location. Whichever the business owner chooses, the money from the loan will be used for that purpose.

The main reason why a business owner would take out a commercial construction loan is to add value to their business. The business owner may have the desire to sell his/her business in the next 10 years, and remodeling the current facility may help him/her receive the desired offer, or the business owner may want to create more room to hire more employees and to take on more customers. In certain instances, business owners may take out this type of loan just to update their facility with a new roof, new desks, and more.

The best people to take out a commercial construction would be business owners who have been in business for several years. Being in business for several years shows that the business owner is making enough monthly sales to stay in the business world. A new business owner has the ability to take out a commercial construction loan, but a lender is going to see a new business owner as a risk. This means there will be higher interest rates and other fees. In certain instances, there may even be a down payment needed before the loan can be given.

Once the lender and the borrower come into agreement, the lender will then release the funds to the construction company working on the facility. The loan money is not give all at once. The construction company and the borrower must show proof to the lender that a certain portion of the job is complete before the funds or released. This means the full amount of the loan will be given out in several different stages. However, this is great for the business owner because the business owner does not have to start paying back the loan until it is fully disbursed.

Once the loan is fully disbursed to the construction company, the borrower must pay the loan back in full by a certain date, but the lender will make sure the borrower is satisfied with the work before the final payment is disbursed. If the borrower does not have the money to pay back the loan in full, the borrower can work with the lender to transfer the commercial construction loan into a commercial mortgage loan or a similar type of loan. This will allow the borrower to pay the loan back over a period of time in biweekly or monthly payments.

Over the years, commercial construction loans have been a success. They have allowed business owners to create wonderful buildings and thereby bring in more customers. They have also allowed business owners to create more office space in order to hire more employees. This type of loan can be distributed in less than 48 hours if all of the paperwork is filled out correctly and accurately.

Hard Money Loans

Need funding for your next project?

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