Ground-up construction loans for builders and investors developing new properties in Tennessee. 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.
TN is a top-tier investor state. No state income tax. Nashville has been on a decade-long growth run; Memphis offers some of the highest cash-flow SFR yields in the country. Landlord-friendly statutes support projectable holds.
Tennessee has no state income tax on rental income or capital gains — a meaningful yield boost that compounds over the hold period.
Nashville has been on a decade-long run of population, employment, and rent growth. Memphis offers some of the highest cash-on-cash SFR yields in the country. Both work — pick the strategy.
Tennessee statutes are considered landlord-friendly with predictable eviction and non-judicial foreclosure processes. Holding costs stay projectable for cash-flow modeling.
Whether you're closing a single-asset SFR in a smaller Tennessee market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Franklin, Brentwood, Murfreesboro, Hendersonville, Mount Juliet, Spring Hill
Shelby County — high-yield SFR corridor; DeSoto MS adjacent
Knox County — Farragut, Maryville, Oak Ridge
Hamilton County — plus Signal Mountain, East Ridge
Fort Campbell demand + Nashville-adjacent growth
Williamson County — premium Nashville-metro rentals
Northeast TN — Kingsport, Bristol
Statewide coverage — send us any Tennessee 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 Tennessee. Same clean underwriting from starter builds up to $7.5M.
Yes. SLA Capital funds New Construction loans throughout Tennessee — Nashville Metro, Memphis, Knoxville, Chattanooga, Clarksville, and every other TN 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 Tennessee. 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.
TN is a top-tier investor state. No state income tax. Nashville has been on a decade-long growth run; Memphis offers some of the highest cash-flow SFR yields in the country. Landlord-friendly statutes support projectable holds.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for Tennessee investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Short-term purchase + rehab financing across every Tennessee metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.