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Wisconsin 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

Wisconsin New Construction Loans

New Commercial Construction Loans in Wisconsin
If you are at a point where you want to expand your Wisconsin business, a commercial construction loan could be a useful tool. Some business owners want to construct their own commercial building so that they don’t have to pay rent, and others may want to renovate their existing commercial office space. A commercial construction project is an expensive feat. It may cost thousands to millions of dollars to complete a construction project, and many business owners do not have the funds to pay for this up-front. As with any financial obligation, it is helpful to understand the terms and conditions of the loan that you may be considering.

What is a Commercial Construction Loan?
A commercial construction loan is primarily used by business owners. It is used to cover the cost of property, materials, land, and other expenses. Commercial construction loans are not intended for business owners who want to purchase an existing property. These individuals should apply for a commercial mortgage. A commercial construction loan is for business owners who want to renovate their current building or those who want to build a new establishment from the ground up.

How do Commercial Construction Loans in Wisconsin Work?
Commercial construction loans do not work like other loans. With regular loans, such as commercial mortgages, a borrower will be issued one payment of the total loan amount. Once the funds have been disbursed, the borrower is responsible for paying the balance. Many traditional loans, which include commercial mortgages, have a monthly repayment period that is 10 years or longer.

Those who take out a commercial construction loan will not receive the full funds at once. Borrowers will be issued partial payments of the total loan amount when certain milestones in the project are completed. A borrower will meet with a lender to establish a draw schedule. A draw schedule sets milestones, and when each milestone is completed, the borrower will receive payment. For instance, a first draw could be when the contract is signed to purchase the property, and the second draw could be when the foundation is poured. Most lenders will send an inspector to the construction or renovation site to ensure that the work has been completed.

Commercial construction loans require that the borrower makes interest payments on the money that has been disbursed. For example, if a borrower took out a commercial construction loan for $500,000, but he or she has only received $250,000 of the total loan amount, then the borrower will be responsible for paying interest on $250,000.

How does a borrower pay off the balance? When the project is complete, the borrower can settle the remaining principle, balance, and fees in one payment. However, business owners who want another route can opt to take out a commercial mortgage. A commercial mortgage allows a borrower to pay off the commercial construction loan with the funds from the mortgage. The new property or renovated space will be used as collateral.

How to Prepare for a Commercial Construction Loan Application
Most lenders will want to see a plan of the construction or renovation projects that outlines each step. In addition, cost estimates regarding labor, materials, property, and other expenses will also need to be shown to a commercial construction lender during the application process. A down payment is typically required. Most down payments for commercial construction loans fall between 10% to 30% of the entire project.

If you want to know more about commercial construction loans in Wisconsin, contact our team at Delancey Street. We are a team of experts who are happy to provide you with assistance.

Hard Money Loans

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