What Builders Capital does

Builders Capital (legal entity Construction Loan Services II, LLC) is a private construction lender founded in 2009 by builders seeking to address financing gaps for residential homebuilders. The company is headquartered in Puyallup, Washington, and operates with 101-250 employees. Its core product is a pipeline-based construction lending platform—an alternative to traditional project-by-project financing—that lends against a builder's forward pipeline rather than underwriting single projects in isolation.

The platform offers four primary loan products: AD&C All-in-One (acquisition, development, and construction financing packaged as a single facility), New Construction loans, Build-to-Rent financing, and Bridge Stabilization loans. Distribution operates through both direct builder relationships and a broker channel (with at least one broker relationship facilitating $100M+ in projects). Since founding, Builders Capital reports financing more than $17 billion in projects across 500+ builders, 18,000+ homes built, and 15,000+ lots developed. Leadership includes co-founders and principals Rob Trent (CEO), Robert Hadley, and Curt Altig (Chairman), with Ken Trent as Chief of Growth and Beth Glein as Chief Operating Officer.

The business model generates revenue primarily through net interest income on construction loans, supplemented by origination and servicing fees. Capital is sourced from a mix of institutional partners and securitization—a March 2025 bond offering through Builders Capital Mortgage Corp and a May 2026 $2B+ annual capital commitment from a global institutional partner anchor the funding stack. Go-to-market combines direct origination in core Pacific Northwest markets with broker-sourced deals in expansion geographies, and a 2024-2025 build-out added a new lending division, headcount growth, and a Fort Lauderdale office to extend the model into the Southeast.

Name

Builders Capital

Legal name

Construction Loan Services II, LLC

Website

https://builders-capital.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

Builders Capital is a private construction lender founded in 2009 by builders, providing pipeline-based AD&C, new construction, build-to-rent, and bridge loans to 500+ residential builders across the U.S.

Ownership category

akta.pro rank

Product category

Construction Lending

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (2361)

SIC

Mortgage Bankers & Loan Correspondents (6162), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Land Acquisition, Lot Development & Construction Financing (AD&C) (FSALAHAI)

akta.pro secondary industry

Spec/Tract Builder Construction Financing (FSALAHAC)

Keywords

• Construction lending
• Residential construction loans
• AD&C financing
• Build-to-rent loans
• Bridge stabilization loans

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Construction Loan Interest & Fees: Revenue generated from interest charged on construction loans for land acquisition, development, and vertical construction. The company provides flexible financing solutions including AD&C loans, new construction loans, build-to-rent loans, and bridge stabilization loans.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Builders Capital provides construction financing for residential builders and developers through four loan products: AD&C All-in-One Loans combining land acquisition, development, and vertical construction financing in a single facility; New Construction Loans for production builders managing multiple homes and communities; Built-to-Rent Loans for rental community developers; and Bridge Stabilization Loans for short-term project stabilization. Capital is structured around the builder's broader production pipeline rather than approved on a project-by-project basis, supported by digital borrower, broker, and vendor portals.

Product overview

Builders Capital is a construction lending platform offering four distinct loan products designed to support residential builders throughout the development and construction lifecycle. The core product is the AD&C All-in-One Loan, which consolidates land acquisition, development, and vertical construction financing into a single structured facility. This is complemented by New Construction Loans for production builders managing multiple homes and communities, Built-to-Rent Loans for operators developing long-term rental assets, and Bridge Stabilization Loans for short-term project stabilization. The platform provides institutional capital with a builder-centric approach, offering portfolio-based lending structures rather than project-by-project financing.

Differentiator

Problem solved

Functional benefit

Products and services

• AD&C All-in-One Loans A single capital solution that supports land acquisition, development, and vertical construction within one structured facility, reducing complexity for residential builders managing multi-phase projects.
• New Construction Loans Flexible capital designed for production builders building multiple homes and communities, structured around the builder's broader pipeline rather than individual project approvals.
• Built-to-Rent Loans Financing designed for operators developing rental communities and long-term residential assets, with structures aligned to long-term rental investment strategies.
• Bridge Stabilization Loans Short-term capital designed to stabilize projects and position them for long-term financing, addressing timing gaps between construction completion and permanent takeout financing.

Quantifiable outcome

• $17+ billion in projects financed
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• CoreVest Finance: CoreVest (now part of loanDepot's real estate investor channel) originates construction, bridge, and long-term rental financing for residential developers and BTR operators. Directly competes with Builders Capital in single-family rental and build-to-rent financing for the same builder/developer persona.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM and construction lender focused on self-employed borrowers, investors, and builders underserved by banks. It competes in the alternative residential construction lending niche with a similar broker-distributed model.
• Deephaven Mortgage: Deephaven is a non-QM and investor property lender providing construction-to-permanent and rehab loans to residential borrowers and investors. It competes for similar mid-market builder and investor customers with comparable non-bank, speed-oriented service.
• Civic Financial Services: Civic Financial Services (acquired by Banco Santander) originates construction, rehab, and rental portfolio loans for residential builders and investors. It is a direct peer in the specialty residential construction lending segment with similar product breadth.
• Lima One Capital: Lima One Capital is a direct specialty lender focused on residential construction, rehab, and rental portfolio loans for builders and real estate investors. It mirrors Builders Capital's customer base of production builders and BTR operators using institutional capital rather than bank deposits.

Emerging players

• Kiavi (formerly Patch of Land): Kiavi is a tech-enabled lender providing bridge and construction financing to residential real estate investors and small builders. It overlaps with Builders Capital on investor/builder customers but uses a primarily digital origination approach.
• Groundfloor Finance: Groundfloor is a fintech lender providing fix-and-flip and rental property bridge loans to small builders and investors. It overlaps with Builders Capital's smaller mid-market builder and investor customers using a tech-forward origination model.

Broad incumbents

• Rocket Mortgage: Rocket Mortgage is the largest US mortgage originator with a growing construction-to-permanent and renovation lending offering. It competes broadly in residential construction finance from a retail/broker platform, including the legacy CoreVest BTR channel.
• Progress Residential: Progress Residential is one of the largest single-family rental operators and acquires newly built rental homes in bulk from production builders. As a major buyer in the BTR segment Builders Capital finances, it influences demand for build-to-rent construction loans.
• American Homes for Rent (AMH): AMH develops, acquires, and leases single-family rental homes nationwide, often using build-to-rent construction financing for new communities. It is an indirect customer/peer as one of the larger institutional buyers driving the BTR lending category Builders Capital serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCcbqEXrrwaYpE3BvibHbv-w
• Facebookfacebook.com/builderscapital
• LinkedInlinkedin.com/company/builders-capital
• Instagraminstagram.com/builders_capital
• Xx.com/builderscapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Builders Capital