Construction loans1 allow you to pay for construction as it happens. Simply submit periodic draw requests for work that has been completed. Upon inspection, you will receive advances on the draw requests to pay your contractors.
Business Construction Loans at SouthState:
Use for real estate construction or renovation
Interest only payments during construction
Financing from conceptual design to completion
Provides a term loan in conjunction with the construction loan for financing after construction is completed
To make things easier, let's start with the basics
This information will automatically be included with your application to help speeds things up. Remember, your address must be located in GA, SC, NC, VA, AL, or FL.
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