All our associates have construction management experience.

Why We're Better


  • Ability to fix interest rate before construction begins which offers protection against potential rate increases during construction.
  • We specialize in large loans of $100 Million up to $6 Billion.
  • Construction loan can be transistioned into a permanent, long-term loan upon completion.
  • Interest only during construction.
  • Interest paid only the amount drawn.
  • Range of rate options tailored to fit your financial circumstances.
  • On-site inspections to monitor construction progress.

Customized Construction and Aquisition Loans


Our construction program provides short and long-term funding in a single loan product. During construction, our loan is interest only which then automatically converts to permanent financing once the project is completed.


20 to 30 year term

Loan Amount

$100M to over $6 Billion

Loan To Value

Up to 85%
Up to 85% refinance
Up to 85% purchase

Property Types

All types

Debt and Equity

 Capital of Texas, LLC now offers Equity Participation of up to $500 Million per project to qualified builders and contractors. We realize one of the most difficult components for professional builders is raising the equity required to qualify for the construction loan. We have designed a new program to provide this for you as well as the construction loan. 

SBA 7a and SBA 504

We conduit with top SBA direct lenders for business loans up to 5 Million (7a)  and up to $20M Million (504) with real estate included.  Terms from 7 to 20 years, with as low as 10% down in some cases.


Our principals have commercial construction experience. From field engineering to superintendent.


Capital of Texas, LLC is a private nationwide commercial real estate (“CRE”) capital provider, investor and intermediary firm. We offer a developed platform of integrated and customizable services to owner-operators of commercial real estate. We provide and, or arrange, a broad range of unique debt and equity solutions. We structure recourse and non‐recourse loans for stabilized and distressed properties, value-add and opportunistic real estate ventures.

Here are some of our products:

Interim/Bridge Financing: This program is for non-cash flowing, transitional or value-add situations (e.g. multi-family, entitled land, rehabs, acquisitions, fix and flip, repositioning, new construction, sub-division development, etc...). Here we have enormous flexibility in how we structure and deploy capital, driven primarily by your needs.

Revenue-generative Properties: This program is for cash-flowing properties. We seek Sponsors with strong credit, liquidity, and experience. We also provide a ‘stated’ (no income verification) option with competitive rates and terms.

Asset Classes: Multifamily 5+ Units/Mixed Use/Office / Medical Office /Retail /Self-Storage /Condo/ Hotel /Senior Housing Communities, Entitled Land Acquisition or Refinance, Construction, Single Family (Non-Owner Occupied) Investment / Line of Credit / Fix & Flip.

Non-real estate loans: If you are a small business with a documented revenue history, we can also provide you with financing based on your specific needs.

We are actively seeking transactions that fit our criteria and strongly encourage you to submit your proposal. If you are interested in an initial review, do email me at




 LOAN AMOUNT $75,000 - $650,000, 


TERM 8 Months + 4 month extension 

INTEREST RATE 4.99% - 7.99%* 



RECOURSE Limited Recourse possible 

OTHER No monthly payments; pay interest at maturity. 

Pay upfront fees at maturity. 

For full terms, request a term sheet. If 



Non-Prime O/O Consumer Purpose

For the owner-occupied borrowers with less than perfect credit, challenges with proof of income or just need to close quickly. Athas Capital Group offers consumers the ease of finance with lower than expected rates compared to hard money products. This program varies between traditional income documentation to alternative forms of proof of income documentation. Athas Capital Group even finances borrowers with fico scores as low as 300! Our maximum DTI is as high as 55% with LTV’s as high as 80%. We offer a creative solution for hard to finance owner occupied homes.

  • Alternative Doc: VOE only, 1099 only, P&L only (no bank statements) & 1-month personal bank statement
  • Traditional Alt Doc: 12 and 24 months personal or business bank statements
  • Traditional Full Doc: W2’s & Paystub, 1040’s
  • $50,000 –  $7,000,000
  • Lending to Individuals and Trusts
  • 5/25, 7/23 arms and 30 year fixed
  • DTI’s up to 55%
  • LTV’s up to 95%
  • Rates as low as 4.75%
  • 100% Gift Funds – OK
  • Gift of equity-OK
  • Foreign Nationals with US Credit – OK
  • Foreclosure Bailout – OK
  • Non-Warrantable Condo – OK
  • Condotels – OK
  • Lease Option Buyout using current appraised value – OK
  • Rural Properties – OK
  • Green Card Holder – OK
  • No FICO – OK
  • FICO’s down to 500 – OK
  • Foreclosure bailout – OK
  • No liquid cash reserves needed up to 90% ltv

Non-Prime N/O/O Business Purpose

Borrowers looking to refinance N/O/O SFR, Condo and 2-4-unit properties can look for some of the best rates in the Non-QM industry with our Business Purpose Program. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.

  • No Income Proof Needed
  • All Loans are N.I.V. (No Income Verified)
  • LTV up to 80%
  • No DTI Ratios
  • No DSCR calculated on residential collateral
  • Rates as low as 5.99%
  • Up to a 2 Point Rebate
  • Loan Amounts from $50,000 – $5,000,000
  • Lending to LLC’s, S-Corp, Trust or Individuals.
  • Property Types Include: SFR, Condo, 2-4 Units
  • Interest Only Option Available
  • Foreign Nationals – OK
  • 100% Gift Funds – OK

Non-Prime Bridge

Every borrower deserves a loan and with our bridge loan product. Those borrowers looking to refinance N/O/O SFR, 2-4-unit properties, 5+ unit multi family, Mixed Use or Office & Retail have just that. We even finance properties in rural areas and those with minor to significant deferred maintenance. With an increased loan amounts and just about any credit profile Athas Capital Group is the home for your next bridge loan request. Our bridge products are usually used by Real Estate owners that only want to borrow money for a short period of time (up to 60 months), then want to exit out of our loan to obtain bank financing.

  • No Income Proof Needed
  • All Loans are N.I.V
  • No Income Stated on 1003
  • No DTI Ratios
  • No DSCR calculated on residential properties
  • Rates as low as 6.99%
  • LTV up to 80%
  • Loan Amounts from $50,000 – $15,000,000
  • Lending to LLC’s, S-Corp, Trust or Individuals.
  • Property Types Include: SFR, Condo, Condotels, 2-4 Units, Multifamily, Mixed-Use, Office, Retail
  • Interest Only Option Available
  • Foreign Nationals – OK
  • 100% Gift Funds – OK
  • Properties with Deferred Maintenance
  • Rural Properties
  • Short Term and Long Term Bridge Options are Available
  • No source & seasoning of down payment options
  • Up to 2 point rebate

Fix and Flip

Sometimes a great opportunity comes up in the market. Our Fix and Flip loan allows borrowers to purchase a distressed property or refinance an incomplete property without the need for draws and escrow accounts.

  • No Income Proof Needed
  • LTV’s up to 75%
  • 12-month term available case by case
  • No Prepayment Penalties
  • Loan amounts up to $2,000,000.
  • Flipper must show ability to complete rehab.
  • FICO’s down to 500 – OK

Credit Challenged

350 FICO

50 -60% LTV


About Us

Whether you are an experienced developer or just starting out, we move as quickly as you need us to. 

Our team has many years of business and construction experience, as well as addressing the financial needs of both.

We have direct resources to finance your business loan needs, as well as construction loans for developers.

What stage are you in, currently?

Once you have your SEED CAPITAL, we help you to determine if you have enough EQUITY (skin-in-the-game) to move your project forward,  Then whether you need more EQUITY, MEZZANINE FINANCING, or jump right into the development phase of your project.  

Currently Working

Currently involved in Mixed-Use, MultiFamily, Oil & Gas, Resort Condo and Hotel, Casino and Major Sports Arenas, Public Utility Projects, Mass Transportation, Alternative Energy, Public and Private Sector. We specialize in new construction, as well as acquisition of existing properties. 

Contact Us

For Consultation, contact:

Rick Dowling     NMLS 315057


Our Initial Meetings

By assessing your needs and goals, plus allocation of your time frame and financial situation, we can roadmap the steps necessary to get your project done on time, and within budget.



At Capital of Texas, LLC, our resources stretch far and wide. From traditional banking and SBA, to non-bank lending applications.  We represent Private Equity Partners, Investment Bankers, and Private Placement Professionals.  When required, we can interface with Broker/Dealers to be in compliance with SEC Regs.

About Me

US Navy (Vietnam Era) Veteran, Having owned numerous businesses from Food & Beverage Operations, Real Estate Development, and Finance, Business Brokerage, Auto Sales Service & Repair,  Commercial Mortgage and Finance.  This business is all about the relationships.


Contact uS

Request A Consultation

Send me a message, and tell me more about your financial goals and needs. I will get back to you soon to schedule a consultation.

P.O. Box 756, Buffalo Gap, TX 79508, US

(325) 320-5363


Monday - Friday: 9am - 5pm

Saturday: By appointment

Sunday: Closed