Builders Capital exceeds $ 1,000,000,000 in loan services


SEATTLE, June 15, 2021 / PRNewswire / – Builders capital crossed a significant threshold in May, widening the gap in the private construction credit space with more than $ 1,000,000,000 in its portfolio of active services. These projects mean the creation of more than 3,641 housing units in 45 states. Builders Capital is just getting started, with plans to more than triple the funding available, allowing builders to reduce the housing deficit this year and beyond.

Founder Curt Altig saw the whole trip. “In May 2009, we closed our first loan under the name Builders Capital. Twelve years to the day, we have taken an important step by crossing the threshold of $ 1,000,000,000 in maintenance. It’s an extraordinary achievement that speaks to the importance of a focused goal, fueled by a group of talented employees who, for the person, are fully convinced of delivering on our brand promise of being the relationship most valued among people. builders. The past 12 years of almost continuous work, investment and innovation, coupled with historically low inventory levels on the single-family housing front nationwide, have created an exceptional opportunity for Builders Capital to realize its ultimate vision. to be the leader Non-bank construction lender in the United States

Builders Capital specifically lends to commercial entities. They are investors, builders and developers across the country. All loans must create housing possibilities in United States. Builders Capital works directly with the borrower and additionally 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 been clear about this opportunity since the founding of the company, and through the expansion of our products, our geographic footprint, the growth of our corporate structure. capital and, more importantly, the continued hiring and development of a world-class team, we intend to meet this demand. “

How does Builders Capital focus on being the The constructor’s most valued relationship compare? The company focuses on three fundamentals:

  • Speed: Builders Capital understands the importance of disbursing drawing funds quickly, providing best-in-class service month after month. Potential borrowers are always able to receive a quote in less than five minutes.
  • Service: The Builders Capital team is with you every step of the way. From request to approval, closing and drawing of disbursements. The team and technology support builders around the clock. 100% of loans issued remain in-house and are managed by the Builders Capital team.
  • Flexibility: Builders Capital understands construction and the importance of tailoring the loan to the project, not the other way around.

Altig sums it up best: “Our particular focus on residential housing as a sector and home builders as a primary customer are key elements of our success to date. There is no ‘chicken and egg’ argument in our industry. It all starts with our borrowers. “

Builders Capital’s mission is to be the builder’s most valuable relationship today and into the future. With their investment in people and technology, they have a winning formula for powering builders through United States to achieve their goals. Builders Capital looks forward to developing new relationships with borrowers and builders as they become the nation’s premier residential construction lender.

About Builders Capital

Builders capital is one of the largest private construction lenders in the country, providing innovative financing solutions to a wide range of developers and home builders, ranging from bridge construction, repair and turnaround and complete construction, to development and adjoining housing. The Company has offices at Seattle and Puyallup, Washington, with sales offices in Wooded, Denver, Colorado Sources, Vancouver, Phoenix, and Orlando. Builders Capital’s management team brings to the company over 100 years of expertise in residential construction loans, home construction, real estate development and loan servicing. Brokers can access the portal at any time at my.builders-capital.com.

Media contact

Alexis Quintal
[email protected]

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SOURCE Builders Capital


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