Questions?(833) 201-4039
Need a Loan for your Hotel / Motel Business? We can help...
At 1st Commercial Lending, we specialize in structuring Hotel / Motel Loans for new and current Hotel / Motel Owners. Our Hotel / Motel Loan specialists understand the unique financing needs of the Hotellier. Since 2004, we've helped numerous hotel / motel owners acquire, build, equip, expand and refinance their business and real estate debt. When you are ready, we will work with you to understand your specific financing needs and design a personalized plan to help you meet your goals
1st Commercial Lending's financing solutions offers Hotel / Motel Owners the full scope of financing to meet their specific needs. Over the years, we have developed a streamlined approval process that offers our clients quick answers and speedy results.
Hotel and Motel Lending Options
| Loan Type | Int. Rate | Term |
|---|---|---|
| Acquisition / Refi | 7.50% - 10.50%* | 10-Year Term |
| Real Estate | 7.25% - 10.25%* | 25 Year Term |
| Working Cap / Equip | 10.50%* | 10-Year Term |
*Int. rates subject to change & geographical restrictions
Hotel / Motel Loan Programs
-
Hotel Acquisitions
Acquiring an established Hotel / Motel Business can be a great opportunity to advance your professional career. Purchasing an existing practice offers the accounting professional an existing staff, location and client base and is considered much less risky than a start-up.
-
Business Debt Consolidation
If you are looking to refinance your Hotel / Motel Business Debt, now is a great time to take advantage of all time low interest rates and reduce your monthly debt payment. The resulting increased cash flow and working capital may be just what your Agency needs to reach the next level of success.
-
Expansion or Remodel Projects
Every successful Hotel / Motel, at some point in time, will have the need to upgrade or expand their business. Maybe you have outgrown your current location or see an opportunity in relocating the business.
-
Partner Buy-Out
Sometimes, a partner buy-out is the most advantageous scenario for the health of your business. Maybe a partner would like to cash-out some equity or the partnership has run it's course. Explore your options with 1st Commercial Lending today.
-
Commercial Real Estate Construction
A great advantages of having a successful Hotel / Motel Business is that you can tap into your built up GOODWILL and purchase commercial real estate to house your business. Why rent, when you can purchase commercial real estate with 100% financing options. 1st Commercial has the knowledge and experience to guide you through the process.
-
Working Capital Needs
Easy access to working capital can be a crucial component to operating a successful Hotel / Motel business. We have access to both working capital loans and bussiness line of credit programs that can help your business grow when needed. Our finance team has assisted numerous accountants in accessing the cash it needs to keep growing.
1st Commercial's Hotel / Motel Partners offers each business owner the full scope of lending programs needed to meet their needs through their businesses entire lifecycle.
Get started and complete our Business Loan Request and one of our experienced business loan advisors will be in touch within 24 hours.
What Our Customers Say
-
“First, let me take a minute to say Thank You! The time and effort you and your team took to get me the financing I needed for my buy-out, acquisition and consolidation was, to say the least, beyond awesome. I was treated by everyone as if we were long lost best friends.
Through the entire process, it felt as though getting this done was a personal task....not a job. Embarrassingly enough, I had come to you once, but decided to go to my bank "because they knew me". They were terrible, to put it nicely.
Bottom line, I'm where I am today with my practice because of you.”
Dr. Chris Coplin, DMD
Recent Dental Closings
