13|7 FrameWorks · DeWitt County, Texas · term loan, equipment and real estate secured
The facility funds the manufacturing platform, the first production run, and the infrastructure for the first cabin-deployment site. Repayment is carried by manufacturing sales; on-site lodging is future upside and is not counted in the coverage below. Sponsor land is contributed and held today.
| Source | Amount |
|---|---|
| Bank term loan | $1,500,000 |
| Sponsor land contribution | $400,000 |
| Total capitalization | $1,900,000 |
Sponsor land is held free and clear; value shown at planning basis, appraisal to be ordered at the bank's direction.
| Use | Amount |
|---|---|
| Manufacturing facility & site | $575,000 |
| Site infrastructure (first deployment) | $350,000 |
| Equipment & tooling | $125,000 |
| Prototype cabin | $75,000 |
| Initial production & inventory | $300,000 |
| Working capital | $325,000 |
| Contingency & soft costs | $150,000 |
| Total uses | $1,900,000 |
Site infrastructure is a preliminary allowance (electrical, roads, water, sewer/septic and engineering) pending the final site layout and utility quotes.
Terms shown are illustrative for structuring discussion and are subject to the bank's final credit approval.
Debt-service coverage is measured on manufacturing operations. Base-case Year-1 coverage clears the 1.25× target and widens as production ramps, before any lodging revenue from the deployment site is counted.
Coverage on an EBITDA basis against annual debt service of $223,175, and clears the 1.25× target across the illustrative rate range (≈1.48× even at 11.5%). Modeled estimates, not guarantees.
| Year | Units | Revenue | EBITDA | DSCR |
|---|---|---|---|---|
| Year 1 | 15 | $1,950,000 | $375,000 | 1.68× |
| Year 2 | 30 | $3,900,000 | $900,000 | 4.03× |
| Year 3 | 50 | $6,500,000 | $1,700,000 | 7.62× |
Blended average selling price ~$130,000/unit. Figures are management projections.
| Model | Build cost basis | Gross margin |
|---|---|---|
| 12×24 | ~$59,000 | 34–40% |
| 12×32 | ~$65,000 | 34–40% |
| 14×40 | ~$85,000 | 34–40% |
| 14×48 | ~$97,000 | 34–40% |
The 12×32 carries a complete design-intent set. Costs shown are the current build-cost basis.
| Specification | Value |
|---|---|
| Footprint | 60' × 100' |
| Area | 6,000 SF |
| Clear height | 25' |
| Power | 3-phase, 200A |
| Annual capacity | 12–24 cabins |
Priced from 13|7's own I-beam rates: the $575,000 facility line is ~$295K building shell, slab and electrical + ~$280K pad, site and soft costs. Deployment site infrastructure is carried separately as the $350,000 line (see Sources & Uses).
Every model is concepted, modeled and engineered to a checkable set by 13|7; a licensed PE reviews and seals for permit.
I-beam, bolt-up and pole-barn systems built today for residential and commercial clients.
The crew that fabricates handles transport, set and finish-out: one team, one accountable record.
Progress posts automatically at each milestone on app.137frameworks.com (one record shared by owner, GC and bank), with financials reconciled continuously from QuickBooks (57 ratios across 8 sections, lender-ready).
The 12×32 has cleared concept freeze and structural design; a licensed Texas PE review and seal is the next gate. Every model is sealed by a licensed PE before fabrication.
The 12×32 design-intent set: a dimensioned floor plan and exterior elevations on a verified coordinate basis. Not for construction; a licensed Texas PE review and seal is the next gate.
| Collateral | Basis |
|---|---|
| Land, 10 acres | Held free and clear; secures the first advance |
| Site improvements | Utilities, roads and pads added as milestones release |
| Facility, 6,000 SF | Added on completion |
| Equipment & tooling | First-lien as purchased |
| Cabin inventory | First-lien on finished units |
Advances are tied to construction milestones, so exposure tracks completed and inspectable value. Land secures the first advance; site improvements, facility, equipment and inventory add first-lien collateral as invoices are paid and units are built. Advance rates and completed-basis coverage are set on the lender-ordered appraisal.
The first deployment is the Cuero demonstration site, funded within this facility (the $350,000 site-infrastructure line). It is where the first units are placed, set and validated, and the reference installation for the manufacturing line. On-site lodging revenue is future upside and is excluded from the coverage above.
Draws release against verified construction milestones, so the balance outstanding tracks completed, inspectable value.
Each model is engineered to a checkable set and sealed by a licensed PE before fabrication.
The owned, free-and-clear site secures the first advance before vertical construction begins.
Sites beyond the first deployment are carried outside this facility and financed independently.
20+ years building and operating businesses across construction, infrastructure, real estate, and development. Developed and operated the Meyersville Saltwater Disposal Facility from site development and construction through startup, customer acquisition, and ongoing commercial operations. Leads capital, business development, estimating, and project execution across 13|7 Capital Group.
Process and systems engineer with enterprise pedigree at Oracle and RSA, the Security Division of EMC. Founded, led, and exited Liquidus Pool Services (Dallas, 2021), a construction-services company. Builds the operational intelligence and automation behind 13|7's build, estimating, and reporting, and owns Free Space Studio (design and commercial analysis).
Next: an indicative term sheet on the illustrative 8.5% / 10-year / 1.25× structure, appraisal ordered, and facility and site-infrastructure bids released to firm the plan.
Open the discussion
