Do you need a loan to build, buy or refinance a hotel property?
If so, you’ve come to the right place.
It’s as easy as 1-2-3
SPEAK WITH ONE OF OUR FINANCING EXPERTS.
We’ve been in the hotel lending business for years and are here to answer any questions you have about securing financing for your hotel project. The consultation is free, and we never charge an upfront fee.
GET MATCHED WITH THE LOAN THAT IS RIGHT FOR YOU.
Getting matched to the right loan is critical to having a hassle-free closing. We offer many different loan programs, and we’ll match you with the one that’s just right for what you want to accomplish.
RECEIVE A QUALITY TERM SHEET IN A MATTER OF DAYS.
When you receive a term sheet from Hotelloans.com, you can be sure you’re getting a great deal and we’re ready to move forward with your loan request and close as quickly as possible.
What We Do
Hotelloans.com is a direct lender for hospitality properties throughout the country. In addition, we partner with other lenders to make available to our customers every loan program available to build, buy or refinance a hotel property.
Loan Programs
Conventional loans are typically offered by a bank close to the property being financed or a national bank that lends nationally. We have relationships with dozens of local and national banks that offer conventional financing for hoteliers across the country. Rates are competitive, terms are flexible, and there is virtually no maximum loan amount.
Benefits of a Conventional Loan:
- Competitive rates
- Flexible terms
- No maximum loan amount
An SBA loan is an excellent way to purchase, refinance or build a hotel because it’s easier to qualify for than other types of loans. In addition, loan amounts are higher (up to 90% LTV), and terms are very favorable.
Many people feel SBA loans require too much paperwork and take a long time to close. This is simply no longer true. In fact, we recently closed an SBA hotel purchase loan in only three weeks!
Benefifits of SBA Financing:
- Less money down, up to 90% financing
- Get additional funds for PIP and working capital
- Excellent for turnaround and value-add properties
We have extensive experience financing ground up construction. Although most construction loans are made by local banks close to the construction site, we work with national construction lenders that specialize in financing for hotels.
Benefits of Construction Financing:
- Higher loan to cost (LTC)
- Easy access to capital
- National footprint
A bridge loan provides temporary financing while some obstacle is overcome or rectified allowing long-term financing to be put in place. These types of loans are excellent for purchasing turnaround properties. One of the main benefits of a bridge loan is that they can be closed very quickly as compared to long-term financing.
Benefifits of Bridge Financing:
- Fast closings
- Up to 75% LTV
- Excellent for turnaround and value-add properties
Why Us?
Hotel lending can be challenging because many lenders don’t have the experience needed to underwrite a hotel loan properly. This often leads to failed or delayed transactions and loss of money. We have many years of experience in the hospitality industry and only partner with lenders that specialize in hotel loans.