Commercial Construction Loan Application

COMMERCIAL CONSTRUCTION LOAN APPLICATION

Project-Specific Construction Financing
Large Construction Projects & Development Financing
Alliance for Contractors Partnership Program

I. APPLICANT INFORMATION

Primary Borrower Details

Contact Information

II. PROJECT INFORMATION

Property Details

Construction Scope

Project Timeline

III. FINANCIAL INFORMATION

Project Costs Breakdown

Cost Category Estimated Amount Percentage of Total Notes
Land Acquisition $ %
Hard Construction Costs $ %
Soft Costs (Architecture, Engineering) $ %
Permits & Impact Fees $ %
Contingency (Min. 10%) $ %
Interest Reserve $ %
TOTAL PROJECT COST $ 100%

Funding Sources

IV. DRAW SCHEDULE

Milestone-Based Construction Draws: Funding will be released based on completion of specific construction milestones as verified by third-party inspections and lien waivers.

Draw # Construction Milestone % Complete Draw Amount Cumulative Amount Inspection Required
1 Site Preparation & Foundation 15% $ $ Yes
2 Foundation Complete & Framing Started 25% $ $ Yes
3 Framing Complete & Roof On 40% $ $ Yes
4 Mechanical Rough-In Complete 55% $ $ Yes
5 Drywall & Interior Systems 70% $ $ Yes
6 Flooring & Finishes 85% $ $ Yes
7 Final Completion & CO Issued 100% $ $ Yes

V. INTEREST RESERVES AND FEES

Interest Reserve Calculation

Loan Fees Structure

Fee Type Amount/Rate Due at Closing Description
Origination Fee % of loan amount Yes Loan processing and underwriting
Inspection Fees $ per inspection No Third-party draw inspections
Extension Fee $ per month No If construction extends beyond term
Legal & Documentation $ Yes Legal review and documentation

VI. COMPLETION GUARANTEES AND PERFORMANCE BONDS

Completion Guarantee Requirements

Performance Bond Information

Alliance Integration Benefits

Enhanced Project Financing Through Alliance Lending Partnerships

  • Preferred lending rates through Alliance partner network
  • Streamlined draw schedule management and processing
  • Dedicated project financing specialists
  • Expedited underwriting for Alliance contractors
  • Flexible draw scheduling aligned with project milestones
  • Integrated project management and financing coordination
  • Access to specialized large project financing programs
  • Enhanced completion guarantee structures
  • Priority processing for time-sensitive projects
  • Comprehensive project financing optimization

Alliance Partnership Coordination: Our lending partners work directly with Alliance project managers to ensure seamless coordination between construction progress and funding availability.

VII. SUPPORTING DOCUMENTATION CHECKLIST

Required Documents - Submit with Application:

  • Business financial statements (3 years)
  • Personal financial statements (principals with >20% ownership)
  • Business and personal tax returns (3 years)
  • Construction contracts and specifications
  • Architectural plans and engineering drawings
  • Building permits and approvals
  • Environmental reports and surveys
  • Title report and property survey
  • Appraisal or property valuation
  • Contractor licenses and insurance certificates
  • Project timeline and construction schedule
  • Cost breakdown and contractor bids
  • Pre-lease agreements or purchase contracts (if applicable)
  • Market analysis and feasibility study
  • Banking relationships and account statements
  • Equipment schedules and personal property list
  • Performance bond documentation
  • Completion guarantee agreements
  • Alliance for Contractors membership verification

VIII. PROJECT CAPITAL AND DEVELOPMENT FUNDING SUMMARY

Capital Source Amount Terms Security
Construction Loan $ months at % interest First deed of trust
Borrower Equity $ Contributed at closing N/A
Additional Funding $

IX. APPLICANT CERTIFICATION AND SIGNATURES

The undersigned certifies that the information provided in this application is true, complete, and accurate to the best of my knowledge. I understand that any false statements may result in denial of the loan application or immediate acceleration of any loan granted. I authorize the lender to verify all information and obtain credit reports and other financial information as necessary for processing this application.

Alliance Integration Acknowledgment: I acknowledge that this application will be processed through Alliance for Contractors lending partnerships and that project financing coordination will be provided through Alliance integration services.

Borrower Signature

Print Name: _________________________

Date: _______________________________

Co-Borrower Signature (if applicable)

Print Name: _________________________

Date: _______________________________

FOR LENDER USE ONLY

Application Date: ______________
Application #: ______________
Loan Officer: ______________