Data Center Construction Loans
Data Center Construction Loans
Senior construction capital for hyperscale and wholesale colocation projects. We focus on power delivery, credible EPC, tenant pipeline, and a closing process that aligns funding milestones to utility and build schedules.
Markets & Project Types
NoVA (Ashburn) , DFW, Phoenix/Mesa, Chicago/Elk Grove, Atlanta, Columbus, Salt Lake, Austin/San Antonio.
Hyperscale shells, turnkey halls, phased wholesale colo, expansions, brownfield conversions with new power.
LOIs from hyperscalers and cloud; wholesale pre-lets; retail only with credible cross-connect and MMR plans.
Indicative Loan Terms
| Item | Guidance | Notes |
|---|---|---|
| Loan Size | USD 25m–500m+ | Programmatic for phased campuses |
| LTC / Proceeds | Up to 60–75% of cost | Step draws tied to power + EPC milestones |
| Structure | IO during build; mini-perm option | Refi or term takeout at stabilization |
| Pricing | SOFR + 350–650 bps | Spread by lease cover, sponsor, market |
| Tenor | 24–48 months | Extensions for utility slippage |
| Recourse | Partial or carve-out | Burn-off at lease or COD milestones |
| Fees | ~1.0%–1.5% origination | Exits as negotiated |
Ranges are indicative and subject to underwriting.
What Underwriters Care About
Queue position, utility LOAs, substation schedule, transformer lead times, N-1 design, backup fuel, PUE targets.
GMP or fixed-price, contingencies, vendor lists, MEP design, critical path, liquidated damages language.
LOIs/MSAs with hyperscalers or anchors, step-in rights, churn risk, cross-connect revenue, fiber providers.
Delivered MW track record, operations bench, prior lender references, equity in first-loss.
Diligence Checklist
- Site control, zoning, environmental and permits
- Utility correspondence, interconnection queue and COD schedule
- EPC contract, MEP drawings, budget and contingency
- Tenant LOIs/MSAs, pricing schedules, and termination terms
- Fiber carrier list, MMR plans, network diagrams
- Insurance program and construction monitoring plan
- Sponsor financials, project org chart, resumes, references
Execution & Draw Mechanics
Draws track power and build progress: civil and foundations, steel and envelope, MEP rough-in, gensets/UPS, commissioning, COD. We align cash flow to utility milestones to avoid dead capital while the project waits on gear or grid.
Start Your Data Center Financing Request
Send the site pack, utility letters, EPC terms, and lease pipeline. We will outline proceeds, structure, and timing.
Contact UsFAQs
- Do you require pre-leasing? Not always. Strong LOIs and proven sponsor delivery can clear.
- Will lenders fund ahead of power? Yes, with tight covenants and step-draws matched to utility timing.
- What kills deals? Sloppy EPC terms, shaky power timelines, and rent assumptions that do not match the tenant mix.
Financely is an advisory and placement firm. We are not a lender. Any financing is subject to lender underwriting, KYC/AML, and final documents. Terms vary by market, tenant quality, power risk, and sponsor track record.
Get Started With Us
Submit Your Deal & Receive a Proposal Within 1-3 Working Days
Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.
All submissions are
promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.
Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.
Trade Finance
Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.
Submit a RequestProject Finance
Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.
Submit a RequestAcquisitions
Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.
Submit a RequestFor Banks
Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.
Submit a RequestOnce we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.
Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.
