Building and Construction Loans

CountyCorp Development (CCD) offers a variety of programs to accomodate building and construction loans.

CountyCorp Development provides permanent financing only. We do not provide lines of credit or construction financing. We work with our partner lenders to provide the financing for your real estate needs. If you have a need for construction financing, we can assist you with the permanent “take out” financing approval for our portion of your project which provides comfort to the lender who will be providing the construction financing.

As a fixed asset lender, we have a variety of different loan structures and programs available for your project depending on your available resources (your down payment) and on the structure and type of your project.

We are a compliment to conventional lender financing and do not compete with our partner lenders. If you can successfully secure financing from these other lending institutions, then we are typically not needed. However, many loan structures include CCD, a partner lender and/or other subordinate lenders which can bring the total financing to exceed $9,000,000. Our most popular loan program for real estate is the SBA 504 loan program.

With the SBA 504 loan program, we can fix the interest rate for up to 20 years with repayment terms as long as 20 years. Through this program, CCD’s loan limits range from $50,000 to $4,000,000.

With the Regional 166 loan program available from the State of Ohio, we can provide up to $350,000 for your real estate project financed up to 15 years at below market fixed interest rates.

Through our CDBG revolving loan fund, up to $100,000 can be made available for projects located within Montgomery County, Ohio (outside the cities of Dayton and Kettering). Finally, with the Child Day Care loan program made possible by funding received from the State of Ohio Dept of Health and Human Services, we can make loans of up to $25,000 for licensed child care providers in Montgomery County.

Contact CountyCorp today to discuss your building loan needs!