Construction Loan Lenders and Process in Arkansas Now

GHC Funding
GHC Funding
Website
Published: February 9, 2026
Categories: blog
Reading Time: 3 minutes read
Article Credits

Contributing Author & Editorial Review

This article was authored and professionally reviewed to provide accurate, actionable financial insights.

GHC Funding

GHC Funding

Contributing Author

Alyssa writes about real estate investing, debt-free strategies, and emerging trends in small business finance with a focus on practical insights.

Samantha Reyes

Samantha Reyes

Senior Content Editor

Samantha specializes in editorial strategy, compliance review, and refining complex finance topics into accessible, reader-friendly guidance.

Content is provided for educational purposes only and should not be considered legal, tax, or financial advice.

Construction Loan

Construction & Renovation Highlights

  • Financing for ground-up builds and major rehab projects.
  • Works for SFR, small multifamily, and select mixed-use/commercial.
  • Up to 85–90% of project costs and 70–75% of completed value (case-by-case).
  • Interest-only during the build phase for improved cash flow.
Get a Pre-Approval or Rate Quote
Quick Help
What type of loan are you looking for?
Pick one to see the fastest next step.
Apply Now Call 833-572-4327 Email Us

Navigating Construction Loan Lenders in Arkansas: A Guide for Business Owners

As a business owner in Little Rock, Arkansas, James had a dream to expand his local restaurant into a larger space. However, he faced a significant hurdle: finding the right financing to cover construction costs. Sound familiar? Many Arkansas entrepreneurs like James are turning to construction loans to fuel their growth, but navigating the process can be daunting. Let’s break it down.

In this article...

Understanding Construction Loans

Construction loans are short-term, high-interest loans that cover the cost of building or renovating a property. Unlike traditional loans, they provide funds in stages as work progresses. This makes them ideal for businesses planning new facilities or significant renovations.

Business owners across Arkansas, from Fayetteville to Hot Springs, are leveraging these loans to capitalize on the state’s growing market. With construction activity on the rise, now is a prime time to understand how these loans can benefit your business.

Need capital? GHC Funding offers flexible funding solutions to support your business growth or real estate projects. Discover fast, reliable financing options today!

⚡ Key Flexible Funding Options:

GHC Funding everages financing types that prioritize asset value and cash flow over lengthy financial history checks:

Top Pick

DSCR Rental Loan

Best for: Scaling rental portfolios
★★★★★ 4.8/5 (120 reviews)
Starting rate~7–9%+
Loan amounts$100K – $5M+
Term30 yr fixed / ARMs
Highlights
  • No tax returns required
  • Qualify using rental income (DSCR-based)
  • Fast closings ~3–4 weeks
Check DSCR Rates

SBA 7(a) Loan

Best for: Owner-occupied commercial real estate
★★★★★ 4.6/5 (89 reviews)
RatePrime + spread
Loan amounts$350K – $5M+
TermUp to 25 years
Highlights
  • Lower down payments vs banks
  • Long amortization improves cash flow
  • Good if your business occupies 51%+
Explore SBA Options

Bridge Loan

Best for: Fast closing + value-add deals
★★★★☆ 4.4/5 (72 reviews)
RateVaries by deal
Loan amounts$250K – $15M+
Term6–24 months
Highlights
  • Close quickly — move on opportunities
  • Flexible underwriting
  • Great for value-add or transitional assets
Talk to a Specialist
Low Rates

SBA 504 Loan

Best for: Large CRE acquisitions & refinancing
★★★★★ 4.7/5 (101 reviews)
RateFixed, low CDC rate
Loan amounts$500K – $12M+
Term10, 20, 25 years
Highlights
  • Low fixed rates through CDC portion
  • Great for construction, expansion, fixed assets
  • Often lower down payment than bank loans
Check 504 Eligibility

🌐 Learn More

For details on GHC Funding's specific products and to start an application, please visit our homepage:

GHC Funding Homepage

Vermont

 

 

The Construction Loan Process in Arkansas

Applying for a construction loan in Arkansas involves several steps:

  • Pre-qualification: Determine how much you can borrow based on your credit score and financial health.
  • Project Approval: Present detailed plans and budgets to your lender.
  • Loan Application: Submit a formal application including financial documents.
  • Fund Disbursement: Receive funds in stages as construction milestones are met.

In cities like Bentonville, where the market is competitive, getting your application right is crucial.

Credit Score Requirements and Approval Timelines

For construction loans in Arkansas, lenders typically look for a credit score of 680 or higher. Approval can take anywhere from 30 to 60 days, depending on the complexity of your project and the thoroughness of your application.

Common Mistakes Arkansas Business Owners Make

Here are some pitfalls to avoid:

  • Underestimating Costs: Failing to account for unexpected expenses can stall your project.
  • Inadequate Planning: Lack of detailed plans can lead to loan rejection.
  • Ignoring Market Conditions: Not considering local market trends can impact your project’s success.
  • Neglecting Professional Advice: Skipping expert consultation can lead to costly errors.

Case Study: Success in Little Rock

Consider Sarah, a boutique owner in Little Rock. With a credit score of 700, she secured a $500,000 construction loan. Her project was completed within six months, boosting her revenue by 30%. This real-world example shows the potential of strategic financing.

Frequently Asked Questions

Here are some questions we often hear from Arkansas business owners:

  • What documents do I need? You’ll need financial statements, detailed project plans, and personal financial information.
  • Can I use a construction loan for renovations? Yes, these loans are suitable for new builds and major renovations.
  • How are funds released? Funds are disbursed in stages, tied to construction milestones.
  • What if my costs exceed the loan amount? It’s vital to have a contingency plan and possibly supplemental financing.
  • Is a down payment required? Yes, typically around 20% of the total loan amount.
  • Can I refinance my construction loan? Yes, once construction is complete, you can convert it to a traditional mortgage.

Get a Free Rate Today

Compare our top-rated commercial and investment property loan programs below.

DSCR Loan
⭐ 4.8/5
  • No income verification
  • 30-year fixed | Interest-only available
  • Great for rental properties + STR
  • Fast approvals
Check My Rate
SBA 7(a) Loan
⭐ 4.9/5
  • Working capital + business acquisition
  • Up to $5M
  • Low down payment
  • Long-term financing
Check My Rate
SBA 504 Loan
⭐ 4.9/5
  • Owner-occupied CRE
  • Low fixed rates | 25-year terms
  • Great for business expansion
  • Refinance available
Check My Rate
Bank / CRE Loan
⭐ 4.7/5
  • Best for stabilized properties
  • Competitive rates
  • 12–25 year terms
  • Lower fees than private lenders
Check My Rate

Compare Loan Types

Find the Right Financing for Your Real Estate or Business Project

Loan Type Best For Rates Terms Highlights Apply
DSCR Loan Rental properties (LTR & STR) 5.99%+ 30-year fixed, IO options No income docs, fast approvals, great for investors Check My Rate
Construction Loan Ground-up, fix & build, major renovations 8%–12% depending on scope 12–24 months interest-only Flexible draws, great for builders & developers Get a Quote
SBA Loan Business acquisition, working capital, CRE Prime + spread 10–25 years Lowest down payments, long terms, best for business growth See My Options

Contact GHC Funding Today

Ready to explore your construction loan options in Arkansas? At GHC Funding, we’re here to help you navigate the process with ease. Contact us today to discuss your needs and take the first step toward realizing your business’s potential. Our expert advisors are ready to guide you every step of the way.

“`

Get a No Obligation Quote Today.


GHC Funding CTA

Helpful Small Business Resources

Use these trusted resources to grow and manage your small business—then connect with GHC Funding to explore financing options tailored to your needs.

Get Funding

GHC Funding helps entrepreneurs secure working capital, equipment financing, real estate loans, and more—start your funding conversation today.

 

 

 

 

 

 

 

 

author avatar
GHC Funding DSCR, SBA & Bridge Loans
Contact GHC Funding Today. Main: 833-572-4327 Email: sales@ghcfunding.com
See Full Bio
DSCR LOAN SBA LOAN
social network icon social network icon social network icon