BCCG Short-Term Construction Loan Program

Hybrid Project Financing for Professional Builders & Developers – BCCG’s Short-Term Construction Loan Program is a private investor–funded construction and development capital platform engineered for experienced homebuilders and developers executing built-to-sell strategies. The program intentionally combines venture-capital flexibility with institutional commercial lending discipline, creating a hybrid project-level financing solution that aligns with how professional sponsors deploy capital, manage construction timelines, and monetize inventory.

Unlike traditional bank construction loans—often constrained by rigid credit metrics, presale requirements, and conservative leverage—BCCG structures capital around project feasibility, execution capability, and absorption velocity. This approach allows sponsors to maximize leverage, preserve liquidity, accelerate build cycles, and scale multiple projects concurrently without sacrificing control or operational flexibility.

Tier Definitions & Eligible Project Types

Tier 1 – Small-Scale / Vertical Construction & Lot-Level Projects

Tier 1 projects consist of individual or limited-batch residential construction and land development assets where the primary risk drivers are vertical construction execution and retail sell-out, rather than large-scale entitlement or infrastructure delivery.

Loan Size: $100,000 – $5,000,000

Tier 1 Property & Project Characteristics

• Discrete assets or small groupings of assets
• Shorter construction and absorption timelines
• Limited or no horizontal infrastructure scope
• Lower capital stack and execution complexity

Eligible Tier 1 Property Types

• Single-family detached new construction (spec homes or presold units)
• Fix-and-flip residential properties
• Raw land with near-term development readiness
• Shovel-ready homesites and finished or near-finished land lots
• Small residential projects requiring minimal off-site improvements

Tier 1 Project Examples

• Construction of 3–10 spec homes on finished lots in an infill market
• Vertical build of a custom or semi-custom single-family residence
• Acquisition and improvement of shovel-ready lots for immediate home construction
• Fix-and-flip execution on a residential asset with a defined renovation scope

Tier 2 – Large-Scale / Community, Subdivision & Infrastructure Development

Tier 2 projects include multi-phase residential or mixed-use development initiatives where value creation is driven by entitlement execution, horizontal development, infrastructure delivery, and phased vertical construction across multiple units or buildings.

Loan Size: $5,000,000 – $100,000,000

Tier 2 Property & Project Characteristics

• Multi-phase projects with extended development and sell-out timelines
• Significant horizontal improvements and infrastructure requirements
• Greater exposure to absorption pacing and market depth
• More complex draw schedules and capital deployment sequencing

Eligible Tier 2 Property Types

• Raw land subdivision development and horizontal infrastructure
• Master-planned and single-family detached home communities
• Townhome and condominium developments
• Mixed residential product types within a single project footprint
• Commercial condominium projects (office, retail, and industrial)

Tier 2 Project Examples

• Development of a 150-lot single-family subdivision with roads, utilities, and phased vertical construction
• Master-planned residential community with multiple builders and product types
• Multi-building townhome or condominium development sold on a unit-by-unit basis
• Horizontal development of land followed by phased lot takedowns or vertical builds

Capital Structure & Leverage Philosophy

• Up to 100% Loan-to-Cost (LTC), including acquisition, hard costs, soft costs, interest reserves, and approved contingencies
• Maximum 90% Combined Loan-to-Value (CLTV)
• 100% non-recourse project-level financing
• No reliance on borrower credit scores or traditional consumer underwriting metrics
• Draw-based funding tied to construction milestones with third-party inspections
• Interest reserves available and eligible to be financed into the loan

Loan Terms & Repayment Mechanics

• Term Length: 12–36 months
• Extension options available based on project performance
• Interest-only payments throughout the construction period
• Principal repaid from unit inventory sales, including finished lots, single-family homes, condominiums, or townhomes
• No forced amortization during active construction or sell-out

Pricing & Fees

• Interest Rate: WSJ Prime Rate + 100–500 basis points, determined by project risk, leverage, market conditions, and sponsor execution history
• Origination Fees / Points: 2% – 5% of the total loan amount
• Inspection & Draw Fees: Borrower-paid, third-party
• Legal & Closing Costs: Customary borrower responsibility; may be financed into loan proceeds if supported by appraisal, project economics, and underwriting guidelines

Sponsor Profile & Underwriting Focus

BCCG partners with professional builders and developers who demonstrate:

• A verifiable track record delivering comparable projects
• Proven construction management and cost-control capabilities
• Market-specific absorption and pricing knowledge
• Clearly defined sales and disposition strategy
• Sufficient liquidity to manage execution risk

Underwriting prioritizes experience, execution capability, and exit velocity over static credit metrics.

Exit Strategies

• Retail sale of completed homes or units
• Phased or bulk disposition of finished inventory

Geographic Coverage

• Nationwide, subject to market, asset, and execution review

Why Experienced Builders & Developers Choose BCCG

• Capital structured for execution and scalability, not bureaucracy
• Venture-style flexibility with commercial-grade underwriting discipline
• High-leverage, non-recourse financing preserves sponsor balance sheets
• Ability to operate multiple concurrent projects under a unified capital platform
• Faster approvals and closings than traditional construction lenders
• A financing partner that understands construction velocity, absorption risk, and sell-out dynamics