Revolving construction lines of credit are a type of financing that provides builders or developers with access to funds that can be used to cover the costs of construction. Unlike a traditional loan, a revolving line of credit is a flexible form of financing that allows borrowers to withdraw funds as needed, up to a predetermined credit limit.

With a revolving construction line of credit, the borrower can draw funds as needed to cover construction costs, and only pay interest on the funds that have been drawn. As the borrower repays the funds, the credit line is replenished, and the borrower can continue to draw on the available funds.

This type of financing is often used by builders and developers who need to finance multiple construction projects simultaneously, as it provides the flexibility to quickly access funds as needed, without having to apply for multiple loans.

Revolving construction lines of credit typically have higher interest rates than traditional loans, as they are considered a higher risk form of financing. However, they can be a useful tool for managing cash flow during the construction process, and can help builders and developers to complete projects on time and within budget.