Capital’s Commercial Golf Course Financing Programs can be used to fund projects up to $250 million. Projects involving miniature golf clubs and driving ranges acquire loans beginning at $500,000. These funds can be used for the purchase, construction, or refurbishment of the courses themselves, the club houses, or even the dining facilities.
Financing for golf courses begins at $250,000
We do not allow “Business Only Financing”
Loans must be collateralized by commercial properties
Amortizations are offered in 15, 20, 25, and 30 year increments
80% LTV (subordinate debt is acceptable)
Extremely flexible options for prepayment
Personal Recourse-Full Document
A minimum credit score of 660 is required
36 months of previous historical income is required
Very low minimum DSCR of 1.20
Applying for a Golf Course Loan is easy. The more information you provide the better we can help you.