Small Business Construction Financing
Break ground and built your business with a fast, affordable business loan
Work with a Lender that Helps You Stay on Schedule and in Budget
CONSTRUCTION FINANCING FEATURES
Time for a new location? As your small business continues to grow, make room to grow with it. Whether you’re adding a new location, or just looking for a bigger place to operate, partner with a lender who will custom fit the loan to meet your needs.
We understand that it’s hard to find funding for ground-up construction. Between zoning requirements, appraisals, and environmental red tape, many lenders are hesitant to take on construction loans. This is especially true when it comes to ground-up construction of specialized buildings like car washes, hotels and gas stations.
At Sattori, you’ll work with our in-house construction department who will be there from start to finish. You can rely on our construction financing experience to avoid delays and surprises. We help make sure your construction project is done right: on schedule and in budget.
Up to 90% loan-to-value
Up to $5M in funding ($10M with USDA)
Terms of up to 25 years
No balloon payments
No upfront fees-appraisals won't be ordered until loan is aproved
No prepayment penalty after three years
Our SBA Construction and USDA B&I loans are perfect for those looking to start construction on a new location. With flexible payment terms and affordable interest rates, we structure each loan with your business in mind. Plus, each loan is approved in-house, which means less waiting and a faster start to your build.
We build our commercial construction financing to custom-fit your project scope and needs. It isn’t uncommon for us to finance construction projects with a blend of SBA, USDA and conventional funds. Our constructions loans are also popularly used as high-leverage bridge loans. Some of the most common uses for our construction loans include: