Magna Bank prides itself on its ability to respond quickly to builders and developers — from one house to 100 homes.

We provide loans for lot purchases, construction and residential subdivision developments. We can assist you with construction lending in the Memphis or Brentwood areas.

To apply for a builder's construction loan, please call Nick Sutton or Cathy Bolden at 901.259.5470 or contact them by email at:

And, to expedite the process, please provide the following information with your application:

• Tax returns — last two years of company and personal tax returns
• Personal financial statement — year end or current (Magna Bank form required)
• Contractor's license
• Statement of contingent liabilities (including construction loan amounts) and current inventory
• Company income statement and balance sheet