Residential, commercial, infrastructure, and multifamily housing construction projects in Puerto Rico may qualify for financing, including new construction, rehabilitation, or expansion projects, subject to evaluation. Each project is reviewed individually to determine its feasibility, financing structure, and alignment with product requirements and, when applicable, available programs or incentives.
The approval process may vary depending on the complexity of the project, the documentation submitted, and the type of financing requested. Generally, the process includes an initial evaluation, financing structuring, and credit analysis. Our Construction Lending team will guide you through the next steps and provide estimated timelines once the details of your project are reviewed.
Documentation requirements vary by project, but typically include general project information, financial projections, plans, permits, and other supporting documents. Our team is available to guide you on the specific documentation needed based on your project.
Disbursements are made on a scheduled basis according to the project's progress and the terms established in the financing structure. These disbursements are subject to review and verification to ensure funds are being used in accordance with the approved plan. Our team will support you throughout the process to help keep your project on track.
A wide range of commercial developments may qualify for financing, including:
Infrastructure projects may include:
