CoFi: Construction Finance made Possible by On-demand Payments
CoFi is a digital platform that enables contractors to acquire construction finance supported by on-demand payments. It was founded in 2018 by Mike Lacey and Cam Harris. It enables both builders and developers to send cash directly to the job site, ensuring that everyone is paid quickly. CoFi can offer the best rates and terms for construction loans by enlisting various partner lenders in a deliberately built lender pool.
CoFi has been trusted by lenders throughout the country to process billions of dollars in construction finance.
Features:
- Only Construction Loan Marketplace
- Enabling Speed of Payment
- Best terms and service
In short, CoFi automates and modernizes construction finance for residential, commercial, and SBA lenders. Additionally, CoFi can offer the best rates and terms for construction loans by enlisting various partner lenders in a deliberately built lender pool.