FEATURED ARTICLE
Curt Altig
Robert Hadley
Rob Trent
Chairman & Founder, Builders Capital
Principal, Builders Capital
CEO & Principal, Builders Capital
A WINNING FORMULA
INDUSTRY INSIGHT + INNOVATIVE LENDING = BUILDERS CAPITAL By Mark Dewyea, Contributing Writer for Originate Report
W
ith a leadership team
allows Builders Capital to cater to
clients from the application phase
that has over a century of
the specific needs of its clientele and
to the final repayment, borrowers
collective
construction
fund exciting projects that otherwise
can manage their projects with
and real estate development experience,
would be impossible to get off
the confidence that they will have
Builders Capital genuinely understands
the ground.
sufficient capital whenever they
the nuances and challenges that its
need it.
borrowers face. They have positioned
Communication Breeds Success
themselves with a customer-centric
Builders
stranger
As a leader in the private money
lending approach to accommodate
to the challenging aspects of the
lending space specializing primarily
borrower needs. Gone are the days
home construction process. Project
in funding residential construction
of lengthy underwriting experiences
timelines are in a constant state of
projects,
that are unfortunately an inherent
flux. Unexpected issues arise at the
provided efficient single- and multi-
part of the conventional lending
most inopportune moments such as
family
process. That’s why Builders Capital
when materials are sold out and must
loans for more than 30,000 housing
underwrites its loans based on the
be back-ordered. That’s why they
projects in markets spanning the
potential value of the underlying
allow on-demand draws, enabling
entire country since 2009. Moreover,
asset instead of arbitrary restrictions
borrowers to pay their vendors
they are showing no signs of slowing
that
banks
when they need to. Furthermore,
down anytime soon. Origination
are forced to adhere to. This dynamic
since there is a dedicated team of
volume is currently on pace to
flexibility is an invaluable asset that
relationship experts that stick with
surpass Builders Capital’s initial
12
government-regulated
Capital
is
no
Builders residential
Capital
has
construction
