Hospitality Financing
The travel/hospitality industry is being severely affected by all sorts of outstanding world crises, such as the aftermath of war, the threat of terrorism or the recent Tsunami disasters. While occupancies and rates are not as strong as they were in the year 2000, and while there is a trend in more regional drive-to travel, the fact is the hospitality industry works in cycles.
That’s why hotel or motels that are flagged (one that belongs to a nationwide franchise) have a big advantage over un-flagged hotels. It is such an advantage for a hotel to be flagged that many commercial lenders will not lend to un-flagged hotels and motels. To the independent hospitality entrepreneur this means many business opportunities are lost for lack of available credit.
Because we are not the direct lender, we can use our expertise to select the best lender for your application out of our pool of the leading and/or aggressive financial institutions. This enables us to better prepare to meet the financing needs of the hospitality industry, whether it is for a new acquisition, succession planning or needed refinancing for expansion or remodeling. This includes finding you the lowest down payment, the lowest
