Builder loans Toronto are a type of financing that is specifically designed to help builders and developers fund their construction projects. These loans are typically short-term and are used to cover the costs of construction until the project is completed and sold or refinanced. Builder loans may be provided by banks, credit unions, or private lenders and can be structured in a variety of ways to meet the unique needs of each borrower. If you're a builder or developer in Toronto and need financing for your construction project, it's important to work with a lender who has experience in the construction industry and can offer competitive rates and flexible loan terms.
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