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New Construction loans for Massachusetts builds.

Ground-up construction loans for builders and investors developing new properties in Massachusetts. 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.

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SLA Capital — a Sir Lends A Lot LLC Company

What is a new construction loan?

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.

Massachusetts market

Why Massachusetts works for investor lending.

Massachusetts pairs premium Boston-metro appreciation plays with cash-flow secondaries (Springfield, Worcester, Fall River, New Bedford). Biotech + tech employer depth is unmatched. Universities anchor rental demand across every metro.

Boston tech + biotech

Kendall Square, the Longwood Medical Area, and Route 128 anchor the deepest biotech and tech employer bases in the country outside Silicon Valley. Rental demand stays premium.

University market density

Boston metro hosts more universities per capita than any US metro. Cambridge, Boston University, Northeastern, and dozens more anchor consistent student and post-grad rental demand.

Cash-flow secondaries

Springfield, Worcester, New Bedford, and Fall River offer real cash-on-cash yields — the yield markets New England investors use to balance premium Boston-metro appreciation plays.

Metros served

SLA Capital lends across every Massachusetts metro.

Whether you're closing a single-asset SFR in a smaller Massachusetts market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Boston Metro

Suffolk + Middlesex counties — premium LTR

Worcester

Worcester County — Central Massachusetts SFR

Springfield

Hampden County — Western MA + cash-flow markets

Lowell & Lawrence

Merrimack Valley — Boston-adjacent cash-flow

Cape Cod

Barnstable County — coastal STR corridor

New Bedford & Fall River

South Coast — high-yield SFR

Framingham & Natick

MetroWest Boston commuter suburbs

Everywhere else

Statewide coverage — send us any Massachusetts property

Massachusetts New Construction terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 10%

Up-front pricing on every loan. The rate you're quoted is the rate you close at — no surprises at the closing table.

Leverage

85% land / 85% build

Up to 85% of the land purchase price plus 85% of construction costs. High leverage that keeps your capital deployable.

Interest

Non-Dutch interest

Pay interest only on the funds you've actually drawn, not on the undrawn balance. Keeps carrying costs down during early build phases.

Term

18 or 24 months

Choose the term that fits your build schedule. Straightforward extensions available on active projects.

Approval

Unpermitted land OK

Land does not need to be permitted or warranted before loan approval. Get under contract and permit in parallel.

Size

$100K to $7.5M

From single infill lots to multi-unit projects across Massachusetts. Same clean underwriting from starter builds up to $7.5M.

Massachusetts New Construction FAQ

Common questions about New Construction loans in Massachusetts.

Does SLA Capital lend on New Construction in Massachusetts?

Yes. SLA Capital funds New Construction loans throughout Massachusetts — Boston Metro, Worcester, Springfield, Lowell & Lawrence, Cape Cod, and every other MA metro. Rates from 10%, up to 85% land + 85% construction.

How much of the Massachusetts project does SLA finance?

SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Massachusetts. Loans range from $100,000 to $7,500,000.

Does the land need to be permitted to qualify?

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.

How is interest calculated on the loan?

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.

Is Massachusetts a good state for ground-up builders?

Massachusetts pairs premium Boston-metro appreciation plays with cash-flow secondaries (Springfield, Worcester, Fall River, New Bedford). Biotech + tech employer depth is unmatched. Universities anchor rental demand across every metro.

Get started

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Send us the property. Our sizer returns a real term sheet in minutes.

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