Construction lenders do not fund drawings. They fund a sponsor, a budget, a contractor and an exit they can underwrite. Financely structures construction debt for commercial, residential and mixed-use developments, prepares the lender package and runs a competitive process with construction lenders that fit the project.
We act for the borrower, from the first debt sizing to the final draw schedule, as an advisory and arranging firm, not a lender.
What we arrange
Senior construction loans
Land and construction financing sized on loan-to-cost and the appraised value on completion, drawn against a monitored budget.
Construction-to-permanent and bridge-to-perm
Structures that convert or refinance into long-term debt once the asset stabilises. See our list of construction-to-permanent lenders.
What lenders will underwrite
| Sponsor |
Track record on similar projects, net worth, liquidity and equity committed ahead of the loan. |
| Budget |
Hard and soft costs, contingency, interest reserve and a cost review by the lender's monitor. |
| Construction |
Contract type, contractor strength, schedule, and payment and performance security. |
| Approvals |
Entitlements, permits and utility connections in place or clearly scheduled. |
| Market and exit |
Pre-leasing or pre-sales, appraised value on completion, and a credible refinance or sale. |
How the engagement runs
Assess.
We review the budget, schedule, approvals, sponsor equity and exit, and tell you plainly what lenders will accept.
Structure.
We size the senior loan, identify any gap and design the capital stack, reserves and draw mechanics.
Package.
We prepare the credit memo, development model, sources and uses and data room.
Place.
We approach construction lenders from our network of more than 12,700 verified capital providers, compare term sheets and support you through documentation to first draw. Our list of the top commercial real estate construction lenders
shows the range of capital we work with.
Planning a development that needs construction debt?
Send us the project, total cost, equity committed, approvals status and target start date. We will review it and send an estimate with the structure, scope of work and our fee.
Retainers are a one-off fee, typically USD 10,000 to USD 20,000 or more for multimillion-dollar projects, agreed before work begins.
Frequently asked questions
What does a construction debt advisor do?
A construction debt advisor reviews the project, sizes and structures the construction financing, prepares the lender package and runs a competitive process with suitable construction lenders, then supports the borrower through term sheets, documentation and closing.
What do construction lenders look at?
Sponsor experience and equity, the development budget and contingency, the construction contract and contractor, permits and entitlements, pre-leasing or pre-sales, the appraised value on completion, and the exit through sale or refinancing.
Can you arrange mezzanine or preferred equity for a construction project?
Yes. Where senior construction debt does not cover the full cost, we can structure and arrange mezzanine debt or preferred equity to close the gap, alongside the sponsor's own equity.
How is the advisory fee charged?
As a one-off retainer set out in a written estimate before work begins. Retainers for multimillion-dollar projects typically range from USD 10,000 to USD 20,000 or more, depending on complexity.
Is Financely a lender?
No. Financely is a structured debt advisory and arranging firm. We arrange construction financing with lenders from our network of more than 12,700 verified capital providers.