Perform the work and pay your contractors.
Submit a Draw Request, invoices/receipts and Lien Releases (located at the bottom)
BLC will schedule an inspection. Remember, access to the property is critical and may cause delays if the inspector is locked out.
An inspection report is drafted. Upon a successful inspection report, BLC will immediately approve the transfer of funds.
1. Perform the work and pay your contractors.
2. Submit a Draw Request, invoices/receipts and Lien Releases (located at the bottom)
3. BLC will schedule an inspection. Remember, access to the property is critical and may cause delays if the inspector is locked out.
4. An inspection report is drafted. Upon a successful inspection report, BLC will immediately approve the transfer of funds.
Black Label Capital will not transfer draw funds on work that has not been completed.
Submit completed and signed Lien Releases and proof of paid invoices with Draw Request Application.
There is no limit to how many draws you can request. However, you cannot exceed the originally approved construction holdbacks without BLC authorization.
Fill out the form below to start your draw request.
Black Label Capital will not transfer draw funds on work that has not been completed.
Submit completed and signed Lien Releases and proof of paid invoices with Draw Request Application.
There is no limit to how many draws you can request. However, you cannot exceed the originally approved construction holdbacks without BLC authorization.
MJ Jannamon2021-12-31I was brand new to the entire process, Matt Podesto and his team worked with me every step of the way, making sure I understood and answered all questions that came up. They were very punctual and on top of it from the initial contact to the closing date. Requested my first contractor draw and within hours (not days or weeks) they already scheduled an inspection. Blown away by their service and care. My only regret is that I wasted time with other lenders before finding Black Label Capital. Don’t make my mistake, call Black Label first and get with Matt, he’ll take awesome care of you.Jorge Rojas2021-12-30This is the best Hard Money Lender in whole Metroplex. Ease to wok with, I never had any issues with them.Kaye Green2021-12-29This lender has been great to work with. Their process and customer service has exceeded my expectations. I'm always able to get in touch with my lender and he was able to thoroughly answer all my questions throughout the transactions. Will definitely recommend BLC to others.Sam A2021-12-28Quick and super easy to deal with, we closed on a house in 48 hours, now I have 5 open loans with Matt, not to mention the personalized service that Matt provides.MARGARITA GRAHAM2021-12-28Great communication throughout and quick responsiveness!David Plowden2021-12-23I can't say enough about the process and customer service Black Label Capital provided my business in closing my loan. The process was seamless and they exceeded my expectations. I highly recommend Black Label Capital for all your lending needs.Alex Pezeshki2021-12-23The staff has made it easy and understanding in dealing with funding. I have done two projects with Black Label Capital and I can't wait to do more with them!Cleveland Robinson2021-08-06Good lender to work with. What makes them valuable is that there are no junk fees and their approach to lending is straight forward.I was very pleased with my transaction.Google rating score: 4.7 of 5, based on 24 reviews