Builders Development & Finance

        …Lenders Who Speak a Builder’s Language

Builders

Development

Finance

 

Last revised:

September 23, 2004

BD&F has worked actively and successfully with Twin Cities builders and developers for over 30 years.  As one of the area’s largest construction lenders, we can provide the financing for your construction and land development projects.

Builders.

Through our years of experience working with builders, we have come to recognize that you face many challenges.  BD&F makes construction financing easy.

 

Our business is service.  Prompt, professional, and reliable.  We realize that while money is a necessity, time is just as important.  So if we can save you time, we’ll also increase your opportunities to make money.  That’s why you’ll find your relationship with BD&F so valuable.

 

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Development.

This is where it all begins.  When you find land you can develop, you need to know you can finance your project.  BD&F provides developers financing for:

  • Site Grading
  • Underground Utilities
  • Streets
  • Curb and Gutter
  • Engineering and City Fees
  • Letters of Credit

 

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Finance.

Our streamlined approval procedures will save you valuable time and headaches.  In fact, we have closed loans as large as $ 8 million within 5 days of the first meeting with the borrower.

 

Here’s how it works.  You bring us the following:

  • Plat
  • Construction Plans
  • Sworn Construction Statement
  • Purchase Agreement
  • Financial Statements

 

Together we review the documents.  And then we make a decision.  So there’s no red tape, no waiting.  Your financing is secured in a fraction of the time taken by traditional lenders.  And we don’t strap you down with unnecessary requirements after the loan is made.  Your specific needs dictate your draws.

 

Our loans are also designed to save you the trouble of collecting lien waivers.  We’ll provide you with easy-to-understand statements detailing your disbursements.

 

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