Business Construction Financing for Experienced Operators
Fast, flexible business construction financing for acquisition, ground-up builds, and heavy rehab—sized to your plan, timeline, and exit.
7–21 day close · Interest-only business construction loans · Florida & Southeast coverage
What we finance
As a Florida-based private lender, Brora provides business construction financing for income-producing and transitional real estate. We fund sponsors who need speed, clarity, and execution—not a one-size credit scorecard. Commercial construction financing and business construction loans are sized to the deal profile and build schedule.
Property types
- Multifamily (stabilized, value-add, lease-up)
- Commercial (office, industrial, retail, mixed-use)
- Residential investment (1–4 unit, portfolios)
- Land with clear path to development (select cases)
Use cases
- Time-sensitive acquisitions tied to a construction or value-add plan
- Ground-up and heavy rehab projects with milestone-based draws
- Refinance and recapitalizations ahead of permanent take-out or disposition
Programs at a glance
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Acquisition bridge financing: Business construction loans are sized to sources/uses and exit—so you can secure the site, start pre-development, and move quickly once approvals are in place.
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Construction bridge loans: Commercial construction financing with milestone-based draws, interest reserves, and tight budget controls to keep your project moving.
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Refinance bridge loans: Extend your runway to complete construction, lease-up, and stabilization before locking in permanent debt or executing a sale.
Why operators choose Brora
Speed with clarity
Business construction financing with streamlined diligence and responsive underwriting—so you know early whether we can execute.
Flexible structures
Interest-only business construction loans with interest reserves, tailored covenants, and draw schedules that match how your project is actually built.
Operator mindset
As a private real estate lender, we structure construction and bridge terms around the real business plan—not a rigid lending model.
Transparent partnership
Direct access to decision-makers and clear communication from initial quote and term sheet through closing, inspections, draws, and payoff.
How our process works
Share your deal
Asset, market, business plan, construction scope, timeline, sources/uses, and exit strategy for your acquisition, build, or repositioning.
Underwrite & structure
We size business construction financing to your plan—aligning LTC/LTV, interest reserves, covenants, contingency, and draw cadence.
Docs & close
Checklist-driven diligence and coordinated third-party reports (appraisal, environmental, construction review) to support an on-schedule close with no last-minute surprises.
Funding & draws
Timely disbursements tied to verified milestones and approved construction budget, with transparent draw tracking throughout the project.
Execute exit
Clean payoff into permanent debt, recapitalization, or sale once construction is complete and your targets are met.
What we look for
- Experienced sponsor with relevant construction or value-add track record
- Realistic budget, schedule, and exit (refi, sale, or recapitalization)
- Market and asset fundamentals that support the construction period and loan term
- Responsive, complete documentation (see checklist below)
Documentation checklist
- Executive summary and business plan (including construction scope and exit path)
- Purchase agreement or current debt details
- Rent roll and T-12 (if applicable for value-add or rehab deals)
- Pro forma and detailed construction budget with draw plan
- Entity documents and sponsor track record
- Required third-party reports (as scoped during diligence)
Our Real Estate Financing Services
Private Real Estate Lender
Asset-focused lending for experienced investors and developers.
Business Construction Financing
Funding aligned to budgets, milestones, and timeline realities.
Commercial Real Estate Financing
Capital solutions for office, industrial, retail, and mixed-use.
Residential Real Estate Financing
Investment properties and portfolios with flexible terms.
Multifamily Real Estate Financing
From acquisition to repositioning and lease-up.
Explore All Our Services
We focus on senior bridge and construction structures across Florida
Florida & Southeast Coverage
We’re based in Florida with a focus on Boca Raton and surrounding markets, and we finance across key Southeast metros.
FAQs (short answers for rich results)
What types of sponsors do you work with for business construction loans?
We primarily work with experienced developers, builders, and real estate investors who have a track record delivering similar projects and a clear, realistic business plan.
Can business construction financing cover soft costs and interest reserves?
Yes. Subject to underwriting, we can include eligible soft costs, interest reserves, and contingency within the total business construction loan structure.
Do you require recourse or personal guarantees?
Most Brora business construction loans include some level of recourse or personal guarantee, aligned with sponsor strength, leverage, and project risk.
What is the typical equity requirement for commercial construction financing?
Sponsors should expect to bring meaningful cash equity—often 20–35% of total project costs—depending on asset type, market, and deal profile.
Can you refinance an existing construction loan or rescue a stalled project?
In select cases, yes. We can provide construction bridge financing to refinance an existing lender or recapitalize a partially completed project, subject to updated underwriting.
At what stage of permits and approvals do you fund?
We generally require a clear path on entitlements and key permits before funding business construction financing, with specifics depending on project type and jurisdiction.
What are your typical loan sizes and terms for construction deals?
We focus on business construction loans in the mid-market range, with terms typically from 12 to 36 months, including extension options where appropriate.
Do you finance owner-occupied commercial properties?
Our primary focus is on investment and income-producing real estate, but we will review select owner-occupied commercial construction financing requests case by case.