Builders Capital exceeds US $ 1,000,000,000 in loan servicing

0
26

[ad_1]

Seattle, June 15, 2021 / PRNewswire / – Builders Capital crossed a significant threshold in May, widening the gap in lending to private construction by more than USD 1,000,000,000 in an active service portfolio. These projects represent the creation of more than 3,641 housing units in 45 states. Builders Capital is just getting started and plans to more than triple the funding available, enabling builders to reduce housing shortages this year and beyond.

Founder Kurt Altig saw the whole journey. “In May 2009 we closed our first loan under the name Builders Capital. Twelve years later, a month later, and we reached an important milestone, crossing the threshold USD 1,000,000,000 in service. This is an outstanding achievement that speaks to the value of a focused goal fueled by a group of talented employees who, according to the individual, are fully involved in fulfilling our brand promise of being a builders’ most valuable relationship. ” Altig continues: “The previous 12 years of near-continuous operation, investment and innovation, coupled with historically low inventory levels in the single family home market at the national level, has created an exceptional opportunity for Builders Capital to pursue its vision of first-class Non-bank construction lender in the USA

Builders Capital provides loans specifically for legal entities. These are investors, builders and developers all over the country. All loans must create housing opportunities in United States… Builders Capital works directly with the borrower and also through a nationwide network of over 125 brokers who see the value of our process in providing new opportunities to their clients. Altig is optimistic about the company’s growth plan: “Builders Capital has clearly understood this opportunity since the company was founded, and through the expansion of our products, geographic coverage, growth in our capital structure and most importantly, continued hiring and building a world-class team, we intend to satisfy this demand. “

How Builders Capital focuses on being Most Valuable Builder Relationship compare? The company focuses on three main principles:

  • Speed: Builders Capital understands the importance of quick disbursement to fundraising, providing best-in-class service month after month. Potential borrowers can always get an offer in just five minutes
  • Service: The Builders Capital team will be with you every step of the way. From application to approval, closing and receiving payments. A team and technical support of builders around the clock. 100% of the loans granted remain with the company and are managed by the Builders Capital team.
  • Flexibility: Builders Capital understands construction and the importance of matching the loan to the project, not the other way around.

Altig sums it up best: “Our particular focus on residential construction as a sector and residential construction as our primary customer are key elements of our success today. There are no chicken and egg arguments in our industry. It all starts with our borrowers. “

Builders Capital’s mission is to be the most valuable partner for developers today and in the future. With their investment in people and technology, they have a formula for success to build energy around the world. United States to achieve your goals. Builders Capital looks forward to developing relationships with new borrowers and builders as they expand as the leading national home construction lender.

About Builders Capital

Builders Capital is one of the largest private construction lenders in the country, offering innovative financial solutions to a wide range of developers and builders, from bridge construction, renovation and ground construction work to development and annexes. The company has offices in Seattle as well as Puyallup, Washington, with sales offices in Boise, Denver, Colorado Springs, Vancouver, Phoenix, as well as Orlando… Builders Capital’s management team brings to the business over 100 years of experience in home lending, housing construction, real estate development and loan servicing. Brokers can access the portal at any time at my.builders-capital.com

Media contacts

Alexis Quintal
[email protected]

Related Images

builders-capital.png
Builders Capital

SOURCE Builders Capital

[ad_2]

Source link