Construction Loans: Low Doc, No Pre-Sale Development Finance with Global Capital Commercial
Construction loans are essential for property developers looking to fund residential, commercial, or mixed-use projects. While banks and major financial institutions have traditionally dominated construction finance, their strict lending criteria can make it difficult for many developers to secure funding. Global Capital Commercial (GCC) offers a flexible alternative through low doc, no pre-sale construction loans , designed to support developers who need practical and efficient funding solutions. Understanding Construction Loans Construction loans are specialised finance products that fund the construction phase of a development. These loans are typically drawn down in stages, known as progress payments, as construction milestones are met. Construction loans may cover land acquisition, building costs, professional fees, interest during construction, and contingency expenses. For many developers, accessing construction loans through banks can be challenging due to heavy d...