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Construction Financing

Commercial Construction Permanent Financing
Finance your new manufacturing, office, apartment building, retail plaza or distribution facility with Mansfield Bank. We offer a variety of loan programs designed around your project. For example, we offer fixed rate options from construction to completion with only one loan closing. One closing eliminates additional legal and recording fees.

Our staff is well versed in commercial construction financing from origination to servicing, providing you with the confidence that the entire process will be handled by a professional. In addition, as a participating Small Business Administration (SBA) Lender, we offer SBA 504 loans for owner/user real estate. Ask your real estate lender for additional information to determine eligibility.

Revolving Construction Line of Credit
Mansfield’s Revolving Construction Line of Credit is specifically designed to make life easier for builders. Features include a single closing, which encompasses all lots within the subdivision. (One closing eliminates the need for additional legal and recording fees.) In addition, financing of home construction under this line of credit allows for the convenient disbursement of construction funds to the builder based on a predetermined schedule. The construction line is set up to accommodate the builder’s inventory schedule. The borrower guided by an experienced real estate lender, determines the number of homes to be built under the line of credit, both for speculation and as pre-sales.

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Lines Of Credit

Business Term Loans

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SBA Loans

Real Estate Mortgages

Site Aquisition Land Development Loans

Builders Advantage Loan Program

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