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Loan Products  <link to PDF of loan products document>
Initiative Capital is a certified community development financial institution that provides strategic lending and investment for community economic developers and businesses that create jobs, promote economic growth and facilitate the development of affordable housing and community revitalization, particularly in low-resource areas of the state.
Loan Products
Permanent Financing – loans for multi-family residential and owner-occupied commercial real estate development.
Rehab & Neighborhood Stabilization Loans – loans to acquire and rehabilitate foreclosed and distressed residential properties and loans made through the federal Neighborhood Stabilization Program for foreclosed properties that will be sold at affordable rates to low- and moderate-income families.
Bridge Financing – interim financing for multi-family and residential development with firm takeout.
Construction Financing – loans for community and economic development purposes, including affordable housing.
Business Financing – loans for small business growth and expansion or businesses creating jobs in low- and moderate-income geographies.
Contact
Contact Initiative Capital for more information.
Loan Requests
Don Liles, (919) 835-6011, This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Kevin Harris, (919) 835-6004, This e-mail address is being protected from spambots. You need JavaScript enabled to view it
NSP Setup
LaVett Saddler, (919) 835-6015, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Initiative Capital is a certified community development financial institution that provides strategic lending and investment for community economic developers and businesses that create jobs, promote economic growth and facilitate the development of affordable housing and community revitalization, particularly in low-resource areas of the state.

Loan Products

  • Permanent Financing – loans for multi-family residential and owner-occupied commercial real estate development.
  • Rehab & Neighborhood Stabilization Loans – loans to acquire and rehabilitate foreclosed and distressed residential properties and loans made through the federal Neighborhood Stabilization Program for foreclosed properties that will be sold at affordable rates to low- and moderate-income families.
  • Bridge Financing – interim financing for multi-family and residential development with firm takeout.
  • Construction Financing – loans for community and economic development purposes, including affordable housing.
  • Business Financing – loans for small business growth and expansion or businesses creating jobs in low- and moderate-income geographies.

Download product details


Apply for a Loan

Download Preliminary Credit Application (Microsoft Word Form)

Download Permanent Financing Application (Microsoft Word Form)

Download Personal Financial Statement (PDF)

Please send completed applications to Don Liles at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Contact


Contact Initiative Capital for more information.

Loan Requests 


Don Liles, (919) 835-6011, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

NSP Setup


Chris Gonzalez, (919) 835-6073, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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