Advanced Funding for Construction Draws
Quick, Easy, Done, ... Next Job!
Advanced Funding for Construction Draws
Quick, Easy, Done, ... Next Job!
How It Works
Contact Us, Apply to become an Approved Builder
Once we've received the application, we'll let you know in 72 hours the amount of funding you are approved for .... this is a construction working capital revolving credit line.
Approved, Request Funding
Once you're an Approved Builder, submit a request for funding. We'll need the "CD" Closing Disclosure, Signed Builder / Borrower Contract, Line Item Budget, and the Appraisal. Once we have that, we'll execute the funding contract and money will be in your account in 48 hrs.
Complete Construction, Receive Draw, Payback Loan
Draw Bridge Funding, LLC is advancing funds on the construction soft draw, slab draw, and framing draw. Once you've completed the work, the loan is repaid and credit is now available for other jobs.
Grow Your Business
Draw Bridge Funding, LLC has made residential construction lending simple, easy, and accessible. We know General Contractor's and Builder's need money for materials, sub-contractors, crews, and payroll. Fast, easy access to working capital will allow you to start and complete more projects, and help you grow your business.
Our Team
Tim Thomas
Chairman - Tim Thomas has been in the mortgage industry for the past 22 years with a primary focus on One-Time Construction to Perm loans. Besides being a current principal in Equity Home Mortgage, Mr. Thomas is also a developer of land and currently is constructing homes in Eastern North Carolina. His unique experience and knowledge obtained over the past two decades gives peace of mind to borrowers that their project will be on time & within budget. Mr. Thomas' real strength is forming solid relationships with builders through mutual understanding and experience.
Charlie Holloway B.E.C.E., M.S.C.E.
CEO - Over 35 years of senior leadership, and management experience at Major Oil companies. Including Ownership, Merger Acquisition, Business Development, National Sales, and International distributor Sales. Main contact for investor relations within Draw Bridge Funding, LLC.
Shaun Draughn
Director of Construction - After recently retiring from the NFL, Shaun transitioned into full time real estate investing. Ultimately developing a skillset and interest in residential redevelopment and investing in single and small multifamily rental units. He attributes his early success to his knowledge gained through mentorship, education and internships from real estate professionals all during his 7 year span of playing in the NFL. Shaun peaked a healthy interest in lending and relationships. Shaun received his Bachelor's degree focused in Interpersonal communications from University of North Carolina at Chapel Hill.
Vonezell Pittman
VP Investor Relations - Vonezell Pittman has experience in the commercial real estate and small business industry. He has served as a Relationship Manager and Capital Markets Consultant for over 12 years serving hundreds of financial institutions, real estate developers/investors and small business owners. Vonezell holds a Bachelor of Business from Gardner Webb University and is based in Charlotte, NC.