Commercial Property Construction Loans in Island County Washington
LoiNow finances ground-up commercial construction on Whidbey Island and throughout Island County.
Fast Capital for Commercial Real Estate Development
Banks deny commercial construction because:
- Projects are “too speculative”
- Borrowers don’t have corporate tax returns
- The property isn’t income-producing yet
Lenders like LoiNow approve based on:
- Asset value
- Exit plan (lease-up, refinance, sale)
- Construction scope of work
Local constraints we solve:
- Coastal building code compliance
- Ferry-dependentn delivery timelines
- Permit sequencing differences between towns
We know Island County, we know its zoning, and we help speed approvals.
Property Types Eligible
- Mixed-use developments
- Hotels / hospitality
- Industrial / warehouse
- Retail centers
- Office-to-flex conversions
Why Investors Use Commercial Construction Loans
Banks deny commercial construction because:
- Projects are “too speculative”
- Borrowers don’t have corporate tax return
- The property isn’t income-producing yet
How the Process Works
Submit Deal Scenario
Submit property address + plans + exit strategy
Same-Day Soft Terms Issued
Get same-day soft approval
Fast Closing
Receive term sheet & fund in 10–14 days
Benefits over Traditional Banking
Approvals in days
Distressed property support
Closing in 5 - 7 days
Rehab financing included
No Income Docs Required
Loan Program Overview
Terms | Details |
Loan Amount | $500K – $50M+ |
LTC (Loan-to-Cost) | Up to 85% |
ARV (After Repair Value) | Up to 70% |
Draw Funding | ✅ Included |
Appraisal Required | Case-by-case |
FAQs
Yes. We can approve before permits.
Not always — depends on deal structure.
Yes, combined financing is available.