Private lending stages
How private funding moves from review to release
Four defined stages take your project from the first assessment through loan closing. Each stage has clear documentation, a named point of contact, and a defined decision before the next begins.
Four stages
The lending process, step by step
Step 01
Documentation submission
Submit project plans, budgets, schedules, and borrower details so the team can assess project fit.
Step 02
Underwriting review
Your project is reviewed against timeline, budget, and draw assumptions, with questions routed to a decision maker.
Step 03
Site verification
An inspection confirms site conditions and progress before funds are scheduled for release.
Step 04
Capital release
Once approved, capital is released and loan closing is completed with a clear record of each milestone.
During construction
How draws are verified and authorized
Once a project is active, funds are released against milestones rather than in a single payment. Each draw request is tied to work completed on site, so the schedule follows real progress.
Before any draw is authorized, an inspection verifies the reported progress. Approved draws are then released on the agreed schedule, and every decision point is documented for both the borrower and the lending team.