Nelson Funding

06/19/2023

Happy to announce the recent closing of a $9.9mm construction loan in St. George, UT. The loan is structured as a revolver allowing the builder to reuse the funds as it's paid down with home sales. The project will supply 233 single family homes in the rapidly growing market. If you're working on a deal, contact our team for a free consultation on financing options. 801-845-0092 or [email protected]

04/23/2021

Excited to announce a recent closing in Payson, UT for a mixed-use construction loan. Borrower had been to 19 other banks and credit unions before coming to us. We were able to quickly identify a lender and the loan approved. Let us help you get your next deal funded!

03/02/2021

$24mm construction loan to build 40 single family homes and to develop 40 additional lots. Contact our team today to get your next project financed.

02/06/2021

Great way to end the week! Big team effort to get this one across the finish line. Huge thanks to our trusted lending partners for making it happen. Not an easy asset class to get financed during C-19, but we were creative and found a way. Give me a call at 801-436-6898 and let's get your next deal funded!

08/04/2020

Excited to announce the recent closing of a $17.3m multifamily construction loan in Salt Lake City, Utah. This project will provide 101 much needed apartment units. The developer was under a very tight timeline to close with a lot of moving parts. Nelson Funding was able to arrange a fast closing, high leverage senior construction loan that fit what the borrower was needing. Nelson Funding is also anticipating closing a $4m PACE loan within the next 30 days for the project.

Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best financing for the respective projects. Nelson Funding has provided financing for over 50 projects and placed more than $200m of capital. Nelson Funding has the experience to get almost any project funded: from new construction, to cash-out refinances, to land development, and more. If you have a scenario you would like us to review, send us an email to [email protected] or visit our webpage at nelsonfunding.com/apply-now.

05/27/2020

Here's a copy of our latest lending parameters. Let us know how we can help!

03/23/2020

First and foremost we hope everyone is staying safe and healthy during this trying time. We have been flooded with inquiries about lenders and if capital is still available after the stock market pullback and the failure in the CMBS/CLO market, the answer is YES! There are lots of well capitalized balance sheet lenders ready to lend for almost any deal from cash out refinance to new construction to land development. If you need help getting financed, we are ready to help!

02/14/2020

Really cool to see this deal close up! $745k SBA 7(a) loan at 85% LTC. Payson is where I grew up and this deal will renovate an old bank building and transform it into a beautiful reception center.

Very excited to get this deal closed up! Happy to announce the closing of a $750k SBA 7(a) loan in Payson, UT at 85% LTC. The proceeds will go towards ...

02/03/2020

Happy Monday! Starting the week of with a closing always makes a great start to the week. Huge thanks to our lending partners for helping us close under a very tight time frame for a repeat borrower. Let us help you get your project financed, give me a call or send me an email for a free consultation!

Excited to start this week off with a $5.3m construction loan closing in Beaverton, Oregon. Big thanks to our lending partners for making this one happen...

01/10/2020

2020 is off to a great start! If you need help getting a commercial property financed, send us an email to loans@nelsonfunding for a free consultation!

Nelson Funding was able to close quickly and perform when other lenders backed out. The bridge loan carried an interest rate of 8.875% at 70% ARV.