Who
are we?
We are an independent lending company specializing
in construction and development loans to professional builders
and developers.
Where do we lend?
We lend money to complete your construction projects throughout the entire state
of Minnesota and Florida.
What are our lending requirements?
Licensed (by the State)
Incorporated, a LLC, or LLP
In good standing with the State
Experienced in the industry
Provide BRI, GLI, Flood (if applicable)
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What
documentation is needed for a loan?
Updated insurance policies
Corporate financial statement (annually)
Personal financial statement (annually)
Copy of plan
Construction cost statement
Copy of plat map
Purchase agreement (if pre-sold)
Good look letter from a permanent lender (if pre-sold)
Consent to Mortgage (if pre-sold)
Updated builders license (annually)
Updated with SOS Office (annually)
What are Vision Capital Enterprises advantages
over banks?
Prompt and personalized service
Consultation with an experienced real estate lender available at your convenience
Approvals and commitments authorized without the timely delay of banking committees
Draw requests for your sub-contractors are paid daily
No credit checks or red tape
Rarely necessary to incur attorney or appraisal fees
No draw fees
Products tailored to a Professional Builder's and Developer's needs |
