Eagle Bank and Trust Company’s Post

"A successful construction project goes beyond just a financial transaction; it involves a delicate balance of relationships." Learn how meaningful relationships between lenders, builders, and subcontractors drive success in construction financing from Sekady Director of Business Development & Partnerships, George O. Flint. Discover the importance of leveraging tools like Sekady to streamline loan management and enhance project outcomes: https://bit.ly/3wydYTd #ConstructionFinancing #RelationshipBuilding #PrivateLending

Navigating the complexities of land subdivision finance? Many factors influence the type of finance required as well as the loan conditions you receive. We’ve put together a comprehensive guide that sheds light on the critical factors involved when arranging residential land subdivision finance. These 17 simple, yet valuable insights could make a big impact on your next subdivision project. https://hubs.la/Q02dm4JS0 #ResidentialLandSubdivision #SubdivisionFinance #DevelopmentFinancePartners #DFP #PropertyDevelopment #FinanceSolutions #PropertyFinance

We love to see projects in motion and our borrowers executing great projects! 🤩🏗️ At Congressional Capital we DON’T charge interest on undrawn construction funds! That means if you’re not using the funds, you won’t be charged interest on them. This is just one of the many ways we set ourselves apart. So, if you want to benefit from great rates and work with DC’s most trusted hard money lender, contact us today. Let’s make it happen! #underconstruction #dcrealestate #realestate #construction #realestatedevelopment #hardmoneylending #investmentproperty #realestateinvesting #propertyinvestment #dcdevelopers #condodevelopment #realestateinvestors

We are entering the “4th Dimension” of Finance - 1 Minute Construction Tip of the Day with Saylor Howell #hh2 #constructionfinance #constructionaccounting #cfma #sage #constructiontechnology

The Dodge Momentum Index rose 0.1% - institutional planning improved 2.1%. Get the details at https://ow.ly/XFpq50QCU1N #BuildSteel #CFSteel #Construction #Money #Finance #Business #ConstructionIndustry #Housing Dodge Construction Network

Start your development appraisal journey on the right foot. You might beable to walk the walk, but can you talk the talk? The Community Infrastructure Levy is a charge which can be levied by local authorities on new development in their area. It is an important tool for local authorities to use to help them deliver the infrastructure needed to support development in their area. #property #propertydevelopment #development #dealsourcing #propertyflip #renovation #refurb #finance #refinance #analysis #dealanalysis #proptech #realestate #ukproperty #newbuild #buytolet #GDV #planning #bridgingloan #bridgefinance #jointventure #equity #construction #budget #yield #propertyinvestment #landlord #valuation #RealEstate #PropertyDevelopment

Delighted to have a new credit limit approved for a key new to bank construction and engineering group to facilitate their capex of yellow plant and HGV’s! If you have an asset financing requirement, don't hesitate to reach out to me to explore what options are available. #assetfinance #constructionfinance #hirepurchase #lloydsassetfinance Benjamin Earls Richard Pretty

WHY CHOOSE CONSTRUCTION WARRANTIES & GUARANTEES ? WE PROVIDE MORE THAN JUST WARRANTIES We can arrange cover for all construction related insurances FULL MARKET COMPARISON We do all the work for you saving valuable time and money 'A' RATED INSURERS Many of our products supplied are backed by 'A' Rated Insurers MAJOR LENDER APPROVED Our Auditing & Survey Partners are approved by major High Street lenders #construction #constructioninsurance

Having worked in construction before, I know all too well the stresses associated with construction loans. So, what differentiates a construction loan? 1. Lenders will assist during the build, by offering interest only repayments to assist cashflow for 1 - 2 years 2. The security value is calculated using the land contract, plus construction costs, as if it is completed. If you purchased the land >12 months ago, the val may be stronger if the land value has increased substantially 3. We can include separate quotes for pools / landscaping / driveways & finance this as well 4. A valuer will inspect the progress at certain stages, before signing off the progress payments (the builder is paid incrementally) 5. Not all lenders like to play in this space !!! Our favourite construction lenders - Bankwest NAB Macquarie Group

Day 26 "What are Interest Reserves and What is Their Purpose" Interest reserves act as a safety net in loan agreements, particularly common in real estate financing. Interest reserves ensure timely interest payments to the lender during periods when the borrower might face cash flow challenges. This is especially helpful in construction loans where the property isn't generating income yet. The reserve acts as a buffer until the borrower starts receiving rent or selling units. Benefits: Lenders gain a layer of security by receiving guaranteed interest payments on time. Borrowers get some breathing room to manage cash flow during the initial phase and focus resources on completing the construction project.