Construction & development capital · St. Petersburg, Florida
Most brokers who connect builders with lenders get paid by the lender they send the builder to. Those lenders can afford to pay the broker referral fee because of the high interest rates they charge their borrowers.
GenerEdge is different. We work for the builder, to get lower-cost, lower-interest-rate loans. We charge our customer a small fee for our work when the loan closes. That one-time fee is small compared to the large interest rate savings builders can get every year on their loans.
Commercial banks. Owned by shareholders, funded by deposits, priced to earn a healthy return on equity.
Pays brokers for borrowers sent
Non-bank debt funds and online lenders. Funded by investors who need a high yield, and priced accordingly.
Pays brokers for borrowers sent
Credit unions, community banks, and CDFIs. Owned by their members or nonprofit, and built to return value to the community rather than extract it from their borrowers.
Pays brokers nothing for borrowers
Why no brokers send you to low interest rate community capital
Community banks, credit unions, and CDFIs are the lowest-cost construction capital available to a builder. None of them pay broker compensation. A broker who lives on lender fees can't send you there and stay in business — so he sends you somewhere that pays him well, and you pay that cost plus a healthy profit to the lender built into your interest rate for the life of the loan.
GenerEdge is paid by the borrower — and only paid at loan closing.
What we charge
| Loan amount funded | Advisory fee |
|---|---|
| Up to $5 million | 1.00% |
| Over $5 million to $10 million | 0.75% |
| Over $10 million | 0.50% |
How we work
We review your project, your pro forma and your construction history, and tell you what will realistically get financed.
Community banks, credit unions, CDFIs, and occasionally private capital when it's genuinely the only right answer for your situation. We share a list with you of every lender we approach.
What we cover
Acquisition, horizontal development, and infill sites where the entitlement work is done or nearly done.
Single-family, townhome, build-to-rent, small to medium multifamily, and age-restricted rental.
Yes, we finance single home purchase with substantial rehab for sale.
One closing where the structure supports it, so you aren't refinancing into an unknown market halfway through lease-up.
Start a conversation
Come with the site and the project you want to build. We'll work through the pro forma with you, tell you what debt works, and connect you with the lender.