Construction
CONSTRUCTION
Maybe your business is growing and the office space you are renting no longer suits your needs, so you've decided it's time to build your own office building. Perhaps you've outgrown your property and you want to add on to your existing space and a major renovation would be a good idea too! Or as a new business you're wanting a special place of your own that you build from the ground up.
Many different circumstances can be solved with a Construction loan. These improvements and investments are the next smart step to take in your business plan, but the costs can't be afforded to be paid up front. This is where a Construction loan comes into play.
The funds from a construction loan can be used to pay for labor and materials for the construction of a new property, the purchase and development of land for a new commercial property, or the renovations of existing properties.
Visit with one of our Commercial Construction loan officers to get started on your new project today! You can easily reach us via phone at 719-589-2564 or click here to send us an E-mail, we'd love to work with you!