SEATTLE, June 15, 2021 / PRNewswire / – Builders Capital crossed a significant threshold in May, filling the home finance gap with over $ 1,000,000,000 in its active service portfolio. These projects mean the creation of more than 3,641 residential units in 45 states. Builders Capital has only just begun plans to more than triple its available funding to allow builders to close the housing shortfall this year and beyond.
founder Curt Altig has seen the whole trip. “We took out our first loan as Builders Capital in May 2009. Twelve years later we reached an important milestone by crossing the threshold of $ 1,000,000,000 in service. It is an exceptional accomplishment that underscores the importance of a focused purpose driven by a talented group of employees who are fully committed to delivering our brand promise to be The Builders Most Valued Relationship. “Altig continues, “The past 12 years of near-continuous work, investment and innovation, coupled with historically low inventory levels in single-family homes nationally, have created Builders Capital an exceptional opportunity to realize its ultimate vision of being the pioneer Non-bank construction lender in the US“
Builders Capital provides loans specifically to businesses. These are investors, builders, and developers across the country. All loans must create housing in The United States. Builders Capital works directly with the borrower and additionally through a nationwide network of 125+ brokers who see the value of our process in opening up new opportunities for their clients. Altig is optimistic about the company’s growth plan: “Builders Capital has had this opportunity since the company was founded and through the expansion of our products, geographic presence, growth of our capital structure and, above all, the continuous recruitment and development of a world-class team meet this need. “
How does Builders Capital’s focus on being Builder’s Most Valuable Relationship compare? The company focuses on three fundamentals:
- Speed: Builders Capital understands the importance of ensuring that draw funds are paid out quickly and provides first class service month after month. Potential borrowers are always able to get a quote in just five minutes.
- Service: The Builders Capital team is by your side every step of the way. From application to approval to completion and payments. Team and technology support clients around the clock. 100% of the granted loans stay in-house and are managed by the Builders Capital team.
- Flexibility: Builders Capital understands building and the importance of adapting the loan to the project, not the other way around.
Altig sums it up best: “Our unique focus on the residential construction sector and the builders as core customers are essential elements of our success to date. There is no such thing as a ‘chicken and egg’ argument in our industry. It all starts with our borrowers. “
Builders Capital’s mission is to be Builder’s Most Valuable Relationship, now and in the future. With their investments in people and technology, they have a formula for success for power builders around the world The United States to achieve their goals. Builders Capital looks forward to building new relationships with borrowers and property developers as they grow as the leading home lender in the country.
About Builders Capital
Builders Capital is one of the largest private home construction lenders in the country, providing innovative financing solutions to a wide range of property developers and home builders, from bridge, fix-and-flip and open space construction to development projects and adjoining housing. The company has offices in Seattle and Puyallup, Washington, with sales offices in Boise, Denver, Colorado Springs, Vancouver, Phoenix, and Orlando. Builders Capital’s management team brings over 100 years of home loan, housing, real estate development and loan servicing experience to the company. Brokers can access the portal at any time at my.builders-capital.com.
SOURCE Builders Capital