Velika understands that Builders that have the proper mechanism in place to access money quickly and pay their trades and suppliers on time are positioned to excel. Many small to mid size construction and development companies struggle with crucial positive financing options from banks and other financial institutions. We simplify the financing process.

The reality with banks and financial institutions is that their lending practices to construction companies are often tight. The amounts they lend and the frequency/speed to release funds between draws are not always desirable which in turn can slow down and sometimes stop the project from advancing. This can be a big problem especially if the builder needs change and unforeseen circumstances occur that require more funds. If a builder finds himself in a poor cash flow situation for a prolonged time, this can drastically affect the bottom line. Time is money and a tarnished reputation in the eyes of the trades and suppliers is a recipe for failure.

Velika has developed systems to speed up the analysis of the project and can move forward quickly with the construction financing. Should an unforeseen event occur where additional funds are required, Velika can act quickly. They know that time is money for the builder so instead of taking months to release additional unforeseen funds like some of the competition may take, arrangements can often be made within days.

Depending on the size of the development projects associated with the builders, we can provide financing up to 80% of the cost of the project itself. Velika Realty can also supply similar or even better home finishing products at competitive prices in which can surely save a builder more during the construction phases of the development. Our quality products come from a worldwide selection, giving more options to choose from.

Whether you are a strong builder who already has a good relationship with a bank, but that wants the added security of a backup plan should unforeseen circumstances occur or if you are a builder in need of funding or even one that just wants to compare what is available, call us. Also, click here to find out more about our equity partnership program. It is an alternative way of moving a project forward.