PUYALLUP, Washington, October 21, 2021 (GLOBE NEWSWIRE) – Builders Capital announced it was closing additional $ 500 million in capital this week. The milestone is being celebrated in another record-breaking year for the Puyallup, Washington-based private construction lender, which plans to provide more than $ 2.5 billion in residential construction loans this year.
“This additional capital helps us build on our momentum by providing much needed financing to home builders as they strive to meet the continued demand for housing across the country,” said Rob Trent, CEO of Builders Capital.
The newly guaranteed funds will allow Builders Capital to continue to innovate in new builder-focused lending solutions. A recognized leader in construction loans, Builders Capital not only offers innovative loan products and competitive rates, but also provides its clients with high-quality service throughout the life of their loan by managing every loan they require. ‘he grants.
âOur growth allows us to offer new products at lower cost, improving our relationships with our builders and borrowers,â added Rob Trent. “We value feedback from these relationships and use it to design exciting new loan products such as our new Warehouse Revolving Asset Pool (WRAP) that helps our clients better meet their capital needs.”
The nation’s leading private residential construction lender, Builders Capital provides financing in several states, including many of the country’s major housing markets.
About Builders Capital
Builders Capital is one of the nation’s largest private construction lenders, providing innovative financing solutions to a wide range of developers and home builders, ranging from bridge construction, repair and reversal and construction complete, development and adjoining housing. The company is headquartered in Puyallup, Washington, with sales offices in Boise, Colorado Springs, San Diego, Phoenix, and Orlando, among others. 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 anytime at my.builders-capital.com, and direct borrowers can get a rate in less than five minutes using an innovative and automated GETMYRATE tool at MyRate.Builders-Capital.com.
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Image 1: Builders’ capital
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