Taylor Derrick Capital actively lends to homebuilders, commercial developers and other real estate professionals and entrepreneurs. We specialize in loans between $1,000,000 and $15,000,000. Our creative loan structures are more flexible than a bank’s and much more transparent and reliable than a typical hard money lender.
We Never Miss a Funding Date
Taylor Derrick Capital manages a large pool of capital, allowing for quick deal review and loan funding without the involvement of third parties for approval or capital. This structure is of substantial benefit to our borrowers, as Taylor Derrick Capital does not commit to a loan unless the capital is available. Once we provide a term sheet, we stick to terms and never miss a funding date.
An Alternative to Bank Financing
Every real estate professional needs a source of quick, reliable capital and Taylor Derrick Capital has proven they can be that source. While many of our borrowers have existing relationships with banks, they have found that there is always a need for debt capital that is more accessible in terms of timing and flexibility. When working with existing relationships, we can fund in as little as a week, which allows our borrowers to secure the best deals in a short time frame. Further, we can typically loan to a higher LTV/LTC than a bank can, meaning your equity can stretch further.
– Stabilized Commercial Properties
– Lease-up/Non-stabilized Properties
– Opportunistic Purchases
– Distressed Asset or Note Purchase
– Acquisition and Development
– Mezzanine Financing (2nd Position)
– Loan Term: 3-24 Months
– Rate: 9.0%-14.0%
– Origination: 1.0%-4.0%
– LTV: Up to 75%
– LTC: Up to 90%
– Footprint: UT, CO, CA, NV, ID, AZ, OR, WA, MT and TX
– Recourse: Limited Recourse Available
– Funding: 1-4 weeks
– Loan Size: $1,000,000-$20,000,000
– Prepayment Penalties: None