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Vermont New Construction Loans

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


High LTV

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



We promise to treat you like a partner


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.

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.

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.

100% Funded!


Hear from people we've helped

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

Leo kovacz

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.

Kevin Johns


Industries We Service

Residential Real Estate
Commercial Real Estate

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

Vermont New Construction Loans

Business owners face all sorts of complexities when managing their enterprises. Many issues of contention present a proverbial “silver lining” of positive sentiments. For example, a growing Vermont business may need a larger office or complex to conduct operations. An entrepreneur may find he/she outgrew working as an independent contractor and wants to launch a new business. Real estate construction projects may be at the core of these two scenarios.

Regardless of the business owners situation, real estate construction usually occurs after financing is procured. A commercial construction loan provides the funding for such projects.

Commercial Construction Loans Explained

As the name suggests, a commercial construction loan could finance the building of new property for business purposes. The name, however, isn’t wholly accurate. The loan may fund the renovation of an existing property. Or, the loan could develop property on purchased land. The linchpin among all the loan endeavors is the word “commercial.” The construction, building, or renovation project must focus on real estate intended for business purposes.

Business owners and other entrepreneurs see opportunity in a commercial construction loan. Paying cash to finance a multi-million dollar project could prove unfeasible if not impossible. Approval on a commercial construction loan in Vermont now swings doors open for the entrepreneur to move forward.

The Unique Structure of Commercial Construction Loans

Commercial construction loans follow the basic principle all loans revolve around: a lender gives the borrower money, and the borrower pays the loan back per the established terms. Constructions loans do differ from traditional loans in one significant way. The loan isn’t issued in a lump sum. Instead, the borrower and lender agree on a “draw schedule.”

The draws represent installments in which the lender releases funds to the borrower. Since construction projects take both time and money, the lender establishes milestones necessary for the release of the next round of funds. Construction projects can run into difficulties. So, the lender protects itself by not extending too much money at one time to a potentially troubled project. Credible inspectors check on the projects to make sure a milestone has been reached.

Borrowers appreciate the fact interest they only pay interest on the released amount of the funds. This way, if the project stalls, the borrower doesn’t pay interest on the money he/she never received.

Shifting to a Commercial Mortgage

Once the construction project reaches completion, the borrower has to pay the loan off. The borrower isn’t locked into paying the obligation off out of his/her personal funds. Upon completion, the borrower has the option of seeking a commercial mortgage. If approved for a commercial mortgage, the mortgage funds may pay off the debt on the construction loan. Now, the borrower now deals with a much longer terms and more agreeable interest rates. Of course, the borrower must be approved for a commercial mortgage. Approval isn’t always guaranteed as commercial mortgage lenders consider many things.

Costs associated with a commercial construction loan in Vermont and elsewhere may seem high. The high-risk nature of commercial lending drives up costs and fees. The down payment amount, for example, may be as much as 30%. Interest rates could reach upwards of 12%. Since credit score factors into the interest rate amount, a borrower could receive a far lower figure on the loan.

Due to the nature of a commercial construction loan, various fees come with the contract. Processing fees are standard as are guarantee fees. Other fees associated with these loans include fund control, project review, and documentation fees. Each lender has its costs. Borrowers should review the expected fees when looking for an appropriate lender.

Hard Money Loans

Need funding for your next project?

Complete Our Hard Money Loan Application
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