To get a business construction loan, you’ll want to:
Estimate the costs of your construction project.
Evaluate your business’s qualifications (credit score, time in business, annual revenue, etc.)
Compare the different types of business construction loans and decide which option is right for your needs.
Find a lender who offers the product you’re looking for and whose requirements you can meet.
Gather your documents (including information about the project, costs, and builder) and fill out your loan application.
Submit your application, review your loan agreement, and complete the closing process.
Use our guide for more details on how to get a business loan.