Funding Solutions
Construction Financing provides capital to help fund the costs of building, renovating, or expanding residential or commercial properties. It can cover expenses such as land acquisition, materials, labor, permits, site work, and other construction-related costs. Funds are typically provided in stages, or “draws,” as specific parts of the project are completed. Loan terms, rates, and requirements can vary based on the project, property, budget, timeline, borrower, and expected value of the finished property. VCL works with a variety of lending sources to help builders, developers, and business owners find financing that fits their construction project and goals.