Since 1990, Progress Capital has served as a leading commercial real estate advisory company specializing in arranging debt for commercial real estate owners & developers. With more than $40 Billion in closed loans and $150 Million of directly funded bridge loans, Progress get you to the closing table. We offer fixed rate loans, construction loans, specialty loans, bridge loans, mezzanine loans, land loans & more.

A construction loan is used to fund the construction costs of a real estate project before obtaining long-term funding. As work progresses, the lender pays money out in stages. These loans are typically short term with a maximum of one year and have variable rates that move up and down with the prime rate.

Progress Capital is a leader in arranging construction funding for ground up development of multi-family, office, retail, self-storage and condominiums for sale. We are engaged early in the project, which allows us to provide our expertise to our clients on unique capital needs that will be required throughout the process.