For lenders
Less execution risk, by design.
The three variables that decide whether you get paid back on time are cost, schedule and quality. FAB controls all three in house.
The relationship
We are building a lending relationship, not a one off deal. Expect the same package, the same point of contact and the same draw discipline on every project.
Process
How we work with you
Scope and budget before the term sheet
Partner performed scopes, priced by the people who will do the work, delivered before you commit.
Roof and envelope inspected on every acquisition
By a GAF Master Elite contractor, so the largest insurance and inspection risk is known at close, not discovered at draw three.
Photo documented draws on a fixed schedule
Managed by a PMP certified executive. Reporting arrives on the date it was promised.
Clean entity per loan
A single asset Georgia entity stood up whenever you require one. Clean cap table, unanimous consent on new debt, pre approved exhibit forms.
One point of contact for the life of the loan
You will never be routed to a subcontractor for an answer.
What we are seeking
Three facilities.
| Facility | Purpose | Terms |
|---|---|---|
| Fix and flip, bridge | Acquisition and renovation of single family value add projects | 12 to 18 months, interest only, rehab draws |
| DSCR rental | Refinance stabilized rentals and small multifamily out of bridge debt | 30 year term, qualified on property cash flow |
| Business line of credit | Earnest money, materials and carrying costs between draws | Revolving, secured or unsecured |