Ground-up construction loans for builders and investors developing new properties in Indiana. 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.
Indiana is one of the deeper cash-flow rental markets in the Midwest. Affordable acquisition basis across Indianapolis, Fort Wayne, and secondary markets drives real cash-on-cash yields. Central Indiana continues to see population and employment growth. Landlord-friendly statutes support projectable holds.
Indianapolis and Indiana secondary markets offer entry price-points that make the yield math work — real cash-on-cash returns even after debt service.
Metro Indianapolis has seen sustained employment and population growth, with logistics, life sciences, and manufacturing employers anchoring long-term rental demand.
Indiana statutes are considered landlord-friendly with predictable eviction timelines. Holding costs stay projectable for cash-flow modeling.
Whether you're closing a single-asset SFR in a smaller Indiana market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Marion County + Carmel, Fishers, Noblesville, Greenwood, Avon
Allen County — SFR + small-multi cash-flow
Vanderburgh County — high-yield Midwest markets
St. Joseph County — Notre Dame demand + Michiana
Monroe County — Indiana University market
Tippecanoe County — Purdue University demand
Central Indiana secondary markets — Ball State + ISU demand
Statewide coverage — send us any Indiana 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 Indiana. Same clean underwriting from starter builds up to $7.5M.
Yes. SLA Capital funds New Construction loans throughout Indiana — Indianapolis Metro, Fort Wayne, Evansville, South Bend, Bloomington, and every other IN 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 Indiana. 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.
Indiana is one of the deeper cash-flow rental markets in the Midwest. Affordable acquisition basis across Indianapolis, Fort Wayne, and secondary markets drives real cash-on-cash yields. Central Indiana continues to see population and employment growth. Landlord-friendly statutes support projectable holds.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for Indiana investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Short-term purchase + rehab financing across every Indiana metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.