Hotel looking for Term Loan
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  1. #1

    Hotel looking for Term Loan

    Hello,

    Looking for direct lender for term Business Loan Not SBA

    Client has excellent personal credit, excellent monthly revenue, and collateral

    Thank you in advance

  2. #2
    Senior Member Reputation points: 84403
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    Quote Originally Posted by SRS View Post
    Hello,

    Looking for direct lender for term Business Loan Not SBA

    Client has excellent personal credit, excellent monthly revenue, and collateral

    Thank you in advance
    Real Estate - own the land and building?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
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    I'm working on a hotel deal now, and we're hoping to get an offer in the neighborhood of a 30-year term based on history, the ownership/value of the building and 2018 projections. This is a business loan with the real estate as collateral - he won't even need a new appraisal.

    Does he own the property? How much is it worth?

  4. #4
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    Quote Originally Posted by abfunders View Post
    I'm working on a hotel deal now, and we're hoping to get an offer in the neighborhood of a 30-year term based on history, the ownership/value of the building and 2018 projections. This is a business loan with the real estate as collateral - he won't even need a new appraisal.

    Does he own the property? How much is it worth?
    LiftForward ($100,000 - $2M) - Term Loan or Line of Credit.

    Sean Najieb
    917.477.6534
    sean@myliftloans.com

  5. #5
    Are you a business owner? Real Estate investor?
    Perhaps you need funds for your personal needs.
    Worry no more, we have got you covered.
    Our loan programs ranges from Real Estate Investment loans
    including long term and short term loans for fix and flip projects,
    buy and hold, commercial properties etc.
    Our Business loan program is design to help start-ups,
    grow your business, expand and asset purchases.
    Need a Personal loan? Feel free to contact us.
    Our rates are unbeatable, friendly, and processes are very swift and
    time sensitive!
    E-mail: enetfinancialserviceinc7@gmail.com
    contact@e-netfinancialservice.com
    website: www.e-netfinancialservice.com

  6. #6
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    Hotels/Motels have volatility due to seasonality. 'Flags' tend to be more stable and have a more solid reputation. If the entity has Financials that support taking on debt , along with a credit worthy guarantor, there are term loan lenders that work with Hospitality

  7. #7
    Yes Sir, term loans are easy. Especially with all of the above in place. Thanks.
    jamescann@bilderbergbusinesslenders.com

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