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Commercial Construction Financing

Whether you're building a spec home, a new commercial space, or expanding your business footprint, Timberline Bank offers flexible commercial construction loans designed to power your project. From investment builds to owner-occupied developments, our team provides personal service from experts who live where you build. 

Our Commercial Construction
Financing Offerings

Timberline’s commercial construction financing is structured to support projects from the ground up—literally. These loans are short-term draw lines of credit that help cover land, materials, labor, and soft costs associated with building commercial or investment properties. Most often, we finance spec home construction, small commercial buildings, warehouse development, and mixed-used or investment developments.  

Flexible Loan Options for Builders, Developers, and Business Owners  

We offer multiple commercial construction loan structures tailored to your project type and exit strategy. While every loan is assessed on a case-by-case basis, we most commonly offer: 

Construction Only
Ideal for projects with plans to refinance or sell upon completion.
Construction-to-Permanent
A seamless solution that automatically converts into a long-term loan–no second approval needed.
Spec Home Loans
Designed for investment builds.

Why Timberline Bank?

Community Focus
When you bank with us, you are giving back to your local community. Your deposits stay local, helping to support economic growth on the Western Slope.
Locals Serving Locals 
Everything we do is built on relationships. When you work with Timberline, you work with your neighbors – not call centers. We get to know you, your projects, and your goals.
Local Decision Making
As the Community Bank of the Western Slope, we are locally owned and operated. Decisions are made by members of our community, not sent out of state or up the ladder.

Commercial Construction Financing FAQs

Who qualifies for a commercial construction loan?

Every commercial construction loan is evaluated on a case-by-case basis. Whether you’re a first-time investor or seasoned builder, we look for a solid plan, a reputable contractor, and an understanding of your financials.  

What’s the difference between a spec loan and a traditional construction loan?

A spec loan is for investment builds—typically a home or property you're constructing to sell for profit. A traditional commercial construction loan is often for buildings your business will occupy or lease.

Do I need a licensed contractor?
Yes, in most cases. If you're building in an area like Montrose that doesn't require contractor licensing, we still conduct due diligence and may request references or reports.
Can I use land I already own as equity?
Yes. Owned land counts toward your equity on your project.
What’s the typical interest rate?
Rates are based on a variety of factors. Let’s talk through specifics to determine your rate.
How do construction draws work?
We set up a dedicated account. You submit a draw request with supporting invoices, and we disburse funds after inspection—keeping your build on track and your budget in check.

WE'RE HERE FOR YOU

Let's Build Something Together

Whether you're constructing your first spec home or breaking ground on a new commercial property, Timberline Bank is your partner for flexible financing and local expertise. We believe in doing business face-to-face, not form-to-form. 

 

Bank on your future.
Bank on fair housing.
Equal Housing Lender.

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