|
Hotel Loans - Larger
Flag Hotels
We have Hotel
financing up to $10 Million available for
the acquisition, refinancing, conversion,
remodeling & improvements, and construction
expansion of flag hotels.
FEATURES
- $500,000 minimum up to $5 million
loan amount
- Up to 85% LTV
- Must be a flag hotel
- Up to 25 year terms for hotel
financing
- Nationwide hotel financing
- Fully amortizing (no balloons or
calls)
- No covenants for hotel loans
- 50% minimum occupancy required
- Full recourse required
- Some hotel loans are assumable with
fee
The same features and requirements apply
to flag MOTEL loans
BORROWER REQUIREMENTS
- Must be owner operators to qualify
for hotel loans
- Borrowers must have "relevant
industry experience" as owner
- Hotel property must show historic
profitability/cash flow
Get real answers now on your
hotel loan by taking a few minutes to fill out the mini Request
A Quote Form.
|
|