construction loans

5 Best Construction Loans for Small Businesses

Almost every construction company needs financial assistance at some point. Construction loans for businesses are available in all shapes and sizes from lending institutions of all kinds. These are 5 types of loans that can work best for small businesses in the construction industry: Construction project leads can be the best way to generate income. And […]

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Types of Construction Loans

Construction loans are short-term financing arrangements between a lender and a property owner. Homeowners can choose from several types of construction loans: Construction-only – This is a short-term, adjustable-rate loan. Construction-to-permanent – This loan finances construction and then converts to a mortgage loan. Owner-builder – These loans are only available to licensed contractor-homeowners or those

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