Trousdale Hard Money LLC's Builder Line of Credit provides construction professionals with flexible financing solutions for managing multiple projects simultaneously. This revolving credit facility is designed specifically for builders, developers, and contractors who need ongoing access to capital for land acquisition, construction costs, and development expenses across various projects.
Unlike traditional construction loans that are tied to specific properties, our Builder Line of Credit offers the agility to draw funds as needed for different projects, helping you manage cash flow efficiently while taking advantage of new opportunities. With competitive rates and flexible repayment terms, this credit line supports your business growth and operational flexibility throughout the construction cycle.
To establish a Builder Line of Credit, we require comprehensive documentation that demonstrates your construction expertise, financial stability, and project management capabilities. Our team works with you to structure a credit facility that meets your specific business needs.
A Builder Line of Credit provides flexible, revolving access to funds that can be used across multiple projects, unlike traditional construction loans that are tied to specific properties. This credit line allows you to draw funds as needed for various expenses including land acquisition, construction costs, materials, and labor across different projects simultaneously. It offers greater flexibility for managing cash flow, taking advantage of new opportunities, and covering unexpected expenses without the need to apply for separate loans for each project.
Credit limits for our Builder Line of Credit typically range from $250,000 to $5 million, depending on your business financials, experience, project pipeline, and collateral. The limit is determined based on your company's financial strength, construction track record, and the value of your project portfolio. We conduct a comprehensive review of your business operations, financial statements, and project history to establish a credit limit that supports your growth while maintaining responsible lending practices.
Yes, our Builder Line of Credit can be used for various aspects of your construction business, including land acquisition, site development, construction costs, materials purchasing, and even overhead expenses during project phases. The flexibility allows you to allocate funds where they're needed most across your project portfolio. This comprehensive approach helps you secure properties quickly, initiate site work without delay, and maintain momentum across multiple projects without being constrained by individual loan approvals for each expense category.
