Pre-Development Financing

Cornerstone Fund’s pre-development loan provides essential early-stage capital for a range of development expenses, including design and engineering, market and environmental studies, appraisals, legal costs, filing and application fees, deposits, and working capital. These funds, also known as “soft costs,” help cover the expenses incurred while assessing the feasibility of a particular project, including preliminary financial applications, legal fees, architectural and engineering fees, and other exploratory work. By offering pre-development financing, Cornerstone Fund helps churches and non-profit organizations access the capital they need to evaluate and plan their development projects effectively.