06/16/2026
Parallel was happy to exit this new build project last month!
Not every successful project starts with a smooth path. This Dallas builder was left in a difficult position when their original lender stopping paying out construction draws. Parallel Lending stepped in with a $1,459,050 ground-up construction loan, helping provide the capital needed to finish the build and bring this vision to life.
The end result was that our borrower was able to create a stunning custom home and we had another project completed with an experienced Texas developer.
We love helping builders solve problems, keep projects moving, and get across the finish line. If you are a builder, we’d love to work with you!