Ground-up construction loans for builders and investors developing new properties in Alabama. Finance up to 85% of your land purchase and 85% of construction costs on a single loan. Rates from 10%, non-Dutch interest, and land doesn't need to be permitted to qualify. Loans $100K to $7.5M.
SLA Capital — a Sir Lends A Lot LLC Company
A new construction loan is short-term financing for building a property from the ground up. It typically covers land acquisition, vertical construction, and an interest reserve on a single loan, with construction funds disbursed via draws as the build progresses through inspection milestones. Once construction is complete, the loan is paid off through a sale of the finished property or refinanced into long-term financing.
Alabama is a top cash-flow state in the Southeast. Huntsville tech and defense growth anchor sustained rental demand. Birmingham offers deep SFR inventory at affordable basis. Non-judicial foreclosure and landlord-friendly law keep holds projectable.
Huntsville has been among the fastest-growing US metros for years, driven by aerospace, defense, and technology employment around Redstone Arsenal, NASA's Marshall Space Flight Center, and Cummings Research Park.
Birmingham, Montgomery, and Alabama secondary markets offer entry price-points that make the rent-to-price math work. Real cash-on-cash returns even after debt service.
Alabama uses non-judicial foreclosure and has landlord-friendly statutes with predictable timelines. Holding costs stay projectable for cash-flow modeling.
Whether you're closing a single-asset SFR in a smaller Alabama market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Madison County — Redstone Arsenal + Cummings Research Park
Jefferson County — Hoover, Vestavia Hills, Trussville, Homewood
Mobile County — Gulf Coast SFR + small-multi
Montgomery County — state capital + Maxwell AFB demand
Tuscaloosa County — University of Alabama market
Lee County — Auburn University + Kia Georgia adjacencies
Southeast + Northeast Alabama secondary markets
Statewide coverage — send us any Alabama property
Same nationwide program, no state-specific surcharges.
Up-front pricing on every loan. The rate you're quoted is the rate you close at — no surprises at the closing table.
Up to 85% of the land purchase price plus 85% of construction costs. High leverage that keeps your capital deployable.
Pay interest only on the funds you've actually drawn, not on the undrawn balance. Keeps carrying costs down during early build phases.
Choose the term that fits your build schedule. Straightforward extensions available on active projects.
Land does not need to be permitted or warranted before loan approval. Get under contract and permit in parallel.
From single infill lots to multi-unit projects across Alabama. Same clean underwriting from starter builds up to $7.5M.
Yes. SLA Capital funds New Construction loans throughout Alabama — Huntsville, Birmingham, Mobile, Montgomery, Tuscaloosa, and every other AL metro. Rates from 10%, up to 85% land + 85% construction.
SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Alabama. Loans range from $100,000 to $7,500,000.
No. SLA Capital does not require the land to be permitted or warranted before loan approval. Get under contract and start underwriting in parallel with permitting.
Non-Dutch interest — borrowers pay interest only on funds that have been drawn, not on the undrawn balance. This keeps carrying costs down during early build phases when most of the loan hasn't been disbursed yet.
Alabama is a top cash-flow state in the Southeast. Huntsville tech and defense growth anchor sustained rental demand. Birmingham offers deep SFR inventory at affordable basis. Non-judicial foreclosure and landlord-friendly law keep holds projectable.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for Alabama investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Short-term purchase + rehab financing across every Alabama metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.