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Acquisition
and Development Loans. From new subdivisions to strip malls, assemblages,
and commercial land, LibLoans have funded development loans throughout Georgia
for many years. Even projects underway that initially suffered cost overruns
have benefited from a LibLoan. We offer up to 60% loan-to-value on improved land.
For instance, a forward thinking investment group turned to Lib when they needed to move quickly on a Northwest Atlanta assemblage. They kept our loan in place while they rezoned the land for townhomes and condominiums. Now they have refinanced and broken ground on a grand new concept. Whether improvement comes through a physical labor or public hearings, Lib understands the equity you are creating and will consider that potential value when underwriting. Call us about your next project at 404-256-8600 to discuss how we can help you with an "A & D" loan. |
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