For more than 40 years, Market Capital Lending has helped developers finance projects the banks find too complicated — part of the $375 million+ we've funded for our clients. We've guided builders from communities near our Loganville, Georgia office through the full development lifecycle, and arranged financing for projects nationwide across 46 states. As a veteran-owned business, we bring the values that shaped us to every file: straight advice, relentless advocacy for your deal, and treatment that always puts you first. Below, here's everything you need to know about development financing — and how we can help you get funded.
What is subdivision and infill development financing?
Subdivision and infill development is a different animal than a single-property fix and flip. These are projects involving land entitlement, infrastructure, and the construction of multiple units — whether that's a new subdivision on raw land or infill development on underutilized lots within an established neighborhood. The financing reflects that complexity.
Rather than lending against one finished house, these loans are structured around the full development timeline — from land acquisition through construction and into the sale or refinancing of the finished units. It sits alongside our construction loans for builders who need to fund an entire community, not a single lot.
What does the financing cover?
Development financing is built to follow the money out through the whole project. In practice, that means it can cover:
- Land acquisition and entitlement costs — getting the dirt and the approvals in place
- Infrastructure and site development — the horizontal work that makes lots buildable
- Multi-unit construction across the project — the vertical development on each parcel
- Carrying costs during the development and sales period — the months between breaking ground and closing units
- Both horizontal and vertical development components — structured as one coordinated facility
Because the loan is tied to the timeline, the structure is built around draws, milestones, and an absorption schedule — not a single lump sum. When a project needs a short-term piece to close land quickly, we can pair it with bridge loans from our lender network.
Who is development financing for?
This is not an entry-level program. Lenders financing subdivision and infill projects want to see development experience, a credible project plan, strong market fundamentals, and a clear path to lot sales or permanent financing on completed units. The deals are larger and the underwriting reflects the added complexity. Good candidates include:
- Residential developers building new subdivisions on raw or entitled land
- Urban infill developers maximizing underutilized lots in established markets
- Builders with an existing track record in multi-unit development
- Developers looking to finance the full project rather than unit by unit
Typical borrowers come to us with credit around 680 or better and a deal of $300,000 or more — but a strong project and a proven team can open the door even when one piece of the profile isn't picture-perfect.
Why developers choose Market Capital Lending
We built this firm for the borrower who doesn't fit neatly into a big bank's box — the self-employed builder, the developer with write-offs that shrink their taxable income, the owner who was told "no" by the branch down the street. As a lender and brokerage working with a network of 40–50 lenders, we're not limited to a single bank's rulebook. If one lender passes, we know where else the deal can land — including partners who understand land and development financing.
We're also a veteran-owned, SBA-approved small business with 40+ years of combined experience and over $375 million funded — the kind of track record that matters when your financing is on the line. You work directly with people who understand development deals and know how to present a complex project effectively. (Rates, approval, and terms vary by credit, collateral, loan amount, and underwriting.)
How does underwriting work?
Underwriting evaluates the land value, entitlement status, project budget, absorption projections, and the developer's experience and financial strength. Lenders want confidence that the project is executable, the market supports the product, and the borrower has the team to deliver. We work with lenders who understand land and development financing and know how to package these projects for approval. When you're ready, start your application — it takes just a few minutes, or contact our team to talk the deal through first.
Development financing in your market
While we fund deals in 46 states, most of our business comes from Georgia, Alabama, and Florida — and especially the communities within about an hour of our Loganville office. If you're weighing a subdivision or infill project close to home, see how we help builders across Georgia, explore the full range of commercial real estate loans, or check where we lend. You can also browse all loan programs or learn more about MCL.
Flexible payment structures
Land and ground-up development carry costs long before there's income, so payment flexibility is valuable here. On land and construction loans you can choose deferred or monthly payments, and finance the origination points and fees into the loan instead of paying them at closing — keeping more capital for the project. Available on purchase, refinance, rate-and-term, and cash-out transactions.
Frequently asked questions
How is development financing different from a construction loan?
A standard construction loan usually funds a single building or home. Subdivision and infill financing is structured for the whole project — land, entitlement, infrastructure, and multiple units — over the full development and sales timeline. If your project is one structure, our construction loans may be the better fit; if it's a community, this is the program.
What credit score do I need?
Most borrowers come to us with credit around 680 or higher, but that's a guideline, not a hard cutoff. A strong project plan, real development experience, and solid market fundamentals carry a lot of weight. The best way to know is to let us review your specific deal.
Do I need prior development experience?
Usually, yes. This is not an entry-level program — lenders want to see a track record in multi-unit or land development, a credible budget, and a clear path to lot sales or permanent financing. That said, the strength of the project and your team matters, so it's worth a conversation.
What can the financing be used for?
Land acquisition and entitlement, infrastructure and site development, multi-unit construction, and the carrying costs during the development and sales period — structured around both the horizontal and vertical components of the project.
How large of a loan can you arrange?
Our sweet spot starts at $300,000, and through our lender network we arrange financing well into the millions. For very large development requests, we also have partners that handle deals from $2 million to $100 million and up.
Do you only serve Georgia?
No — we arrange development financing in 46 states. Most of our clients are in Georgia, Alabama, and Florida, with a concentration in the metro-Atlanta and Loganville-area markets, but we're happy to help wherever your project is.