Dolfin, a New York-based specialty finance company, has secured $2.5M in Seed funding for its unique approach to commercial real estate financing. The capital raise marks a significant step for the firm, which offers long-term lease financing for capital expenditures associated with commercial space.
The company's model provides private, bilateral financing instruments priced on the tenant's credit, not the real estate itself. This allows corporate tenants to finance 100% of their build-out costs, equipment, and soft costs over 10 to 20 years, converting capital expenditures into a fixed-rate lease without requiring upfront equity or asset pledges. Dolfin also helps landlords replace their tenant improvement equity.












