Pre-Acquisition & Construction Loan Program
PCDC's Pre-Aquisition & Construction Loan Program provides capital for early stage development costs such as site feasibility and control, and fees for project management and architectural services.
For more information, click here to submit a Loan Inquiry.
| Summary of Terms | |
| Purpose: |
Provides financing for early stages of project development, including fees for professional services such as architectural or financing and site acquisition, financial feasibility analysis, and regulatory approval. |
| Type: |
Interest-only loan |
| Loan Size: |
No set range; average size is $600,000 |
| Term: |
Up to 3 years |
| Loan to Value: | Upto 90% of project costs |
| Interest Rate: |
Approximately 5% |
| Repayment: | Interest only; repaid from construction loan proceeds |
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