Renovation and Construction Financing
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Catalyst Private Credit > Renovation and Construction Financing
Funding for property improvements and selected construction projects, assessed against the scope of work, budget, approvals, and completion plan.
How a structure may work. A structure may involve advances tied to verified progress. The review should also account for cost overruns and the funds needed to finish the project.
What to bring. The scope of work, budget, approvals, completion timeline, property details and ownership, existing mortgage balances, and the plan for repayment once the work is complete.
- Scope of work and budget
- Permits and approvals
- Completion plan and timeline
- Allowance for cost overruns
- Property details, ownership and existing mortgages
- Repayment plan on completion
The review considers the purpose, available security, existing debts, cash flow, credit profile, and repayment plan. A property or policy value alone does not determine the amount available. Final terms depend on the approved structure.
Consider lender and broker fees where applicable, legal and valuation costs, payment frequency, minimum interest, early repayment conditions, renewal charges, and the amount due at maturity. Ask for the total cost under your expected repayment timing.
No. An inquiry begins the discussion. Funding requires approval, completed documentation, acceptable security where required, and satisfaction of the applicable conditions. Timing varies with the transaction and the parties involved.
Have a transaction in mind? Share a brief overview and the date you need funding.
Discuss Your FinancingHave a transaction in mind? Share a brief overview and the date you need funding, and we can begin by identifying the information needed for a review.
