Comprehensive Construction Financing

Senior debt, equity completion, landowner loans for combination deals, and guarantees from a single source 

Residential developments require several credit components and insurance covers that must be sized together, approved together, and deployed in lockstep. Ruby Finance, the debt division of Ruby Capital, structures all of them within a single financing package. The advantage: faster approvals, fewer handoffs, and a financing structure that is coordinated from day one.

What’s Included

• Senior Debt: The primary financing layer of a development project, sized to project costs, construction timeline, and available collateral, and secured by a first mortgage on project rights. See Construction Financing for how the loan is structured and supervised.
• Equity Completion: Credit that covers part of the developer’s equity requirement, freeing capital for use across other projects. Generally structured as a loan subordinate to the senior debt, it is secured by a second mortgage, with terms tailored to the deal.
• Landowner Loans for Combination Deals: In combination deals, the landowners contribute land in exchange for completed units, so they are not paid until the units are delivered. Their obligations, such as transaction taxes, payments to heirs, or existing debts to clear, fall due much earlier. We structure dedicated loans for landowners within the overall financing package.
• Sale Law Policies: Policies that protect buyers’ advance payments under Israeli Sale Law, issued by our insurance partners.
• Performance Guarantees: Guarantees ensuring developers and contractors fulfill contractual obligations to suppliers, subcontractors, and authorities.

The Single-Lender Advantage

With one lender holding every element, approvals move in sync. That matters most for projects with many parties and a tight schedule.
Our involvement runs from initial evaluation through to the release of surplus proceeds. When deal structures shift or ownership issues arise mid-way through the project, the response is fast because the relationship and the project knowledge are already in place.