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New Construction loans for Pennsylvania builds.

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

Pennsylvania market

Why Pennsylvania works for investor lending.

Pennsylvania pairs Philadelphia + Pittsburgh anchor metros with a deep set of cash-flow secondaries (Erie, Scranton, Wilkes-Barre, Harrisburg). Lehigh Valley logistics adds a major growth angle. Real yield markets for portfolio investors.

Pittsburgh tech + healthcare

Pittsburgh has repositioned around Carnegie Mellon-driven robotics + AI, plus a deep healthcare employer base (UPMC). Steady, high-quality employment drives rental demand.

Lehigh Valley logistics

The Lehigh Valley (Allentown, Bethlehem, Easton) has become one of the largest East Coast logistics and distribution hubs — Amazon, FedEx, and dozens of anchor tenants. Long-term rental demand.

Deep cash-flow secondaries

Erie, Scranton, Wilkes-Barre, and Harrisburg offer some of the highest cash-on-cash yields in the Northeast. Real income for portfolio investors focused on cash flow.

Metros served

SLA Capital lends across every Pennsylvania metro.

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

Philadelphia Metro

Philly + Bucks + Montgomery + Delaware counties

Pittsburgh

Allegheny County — tech + healthcare hub

Allentown & Lehigh Valley

Lehigh + Northampton — logistics corridor

Harrisburg

Dauphin + Cumberland counties — state capital

Lancaster

Lancaster County — SFR + suburban growth

Erie

Erie County — Northwest PA cash-flow market

Scranton & Wilkes-Barre

Northeast PA — NYC/Philly overflow + cash-flow SFR

Everywhere else

Statewide coverage — send us any Pennsylvania property

Pennsylvania 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 Pennsylvania. Same clean underwriting from starter builds up to $7.5M.

Pennsylvania New Construction FAQ

Common questions about New Construction loans in Pennsylvania.

Does SLA Capital lend on New Construction in Pennsylvania?

Yes. SLA Capital funds New Construction loans throughout Pennsylvania — Philadelphia Metro, Pittsburgh, Allentown & Lehigh Valley, Harrisburg, Lancaster, and every other PA metro. Rates from 10%, up to 85% land + 85% construction.

How much of the Pennsylvania project does SLA finance?

SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Pennsylvania. 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 Pennsylvania a good state for ground-up builders?

Pennsylvania pairs Philadelphia + Pittsburgh anchor metros with a deep set of cash-flow secondaries (Erie, Scranton, Wilkes-Barre, Harrisburg). Lehigh Valley logistics adds a major growth angle. Real yield markets for portfolio investors.

Get started

Ready to size a Pennsylvania build?

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

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