Invest In Your Community

Join us in helping develop sustainable local economies:

We connect builders, developers, and other Real Estate entrepreneurs with flexible financing solutions for their projects, while offering our investors a secured way to participate in local Real Estate markets.

BORROW

Flexible Terms
Competitive Rates
Rapid Processing & Closing

CONTACT

Contact Us
Apply Now

INVEST

Local Investments
Predictable Cash Flow
Secured by Real Estate

Alternative Lending For Inspired Entrepreneurs

At ALFIE, we recognize that traditional financing isn't always an option or may not be the right fit.

That's why we offer alternatives.

ALFIE is a short term construction and bridge lender providing simple collateral-based financing on Real Estate projects in North and South Carolina.

ALFIE OVERVIEW

Basic Loan Terms:

  • Loans limits from $100,000 - $8M
  • Term 12 months to 24 months with renewal options
  • 3 month minimum interest period
  • Current interest rates 11.25-12% on funds drawn
  • Minimum borrower cash contribution 20-30% down
  • ALFIE funds up to 100% of construction cost for Speculative home loans. Borrower must own lot free and clear.
  • Quick construction draw processing
  • Underwriting in less than 2 weeks
  • Typical closing in 3 to 4 weeks or less


Max Lending Limits:

  • Improved properties: up to 65% LTV (Loan to Value) or 70-80% LTC (Loan to Cost) whichever is less (Non Owner Occupied properties)
  • Unimproved properties: Up to 50% LTV/LTC on Land and Acquisition/Development.

 

We focus on building community and working diligently with borrowers to help their projects reach completion. When our borrowers succeed, our neighborhoods and towns succeed. We SUCCEED together.

RECENT PROJECTS

Speculative Construction

Fix & Flip

Commercial/Retail/Office

If you'd like to learn more about ALFIE's loan programs or investment opportunities, please enter your information below and we will contact you shortly.