Business Financing
Loan and Financing Options
We offer both Conventional and SBA financing!
At Hotel.Bank, our goal is always to make your hotel dreams a reality. Our competitive hospitality financing options are designed to meet your needs – plus, our experienced hotel lending specialists are dedicated to providing you with the necessary guidance and resources to help you find the financing option that fits you best!
Financing
terms
Conventional Financing Terms
- Provides financing for the acquisition and refinance of stabilized hotels
- Financing available up to $15M
- Minimum WSJP + 1% plus depending on asset, location, etc.
- 1% origination fee
- Max term: 5 years
- Max 75% LTV
- 1.25 DSCR
- Personal guarantees required from experienced hotel owner/operator
- Payment reserves depending on cash flow and asset characteristics
- Full banking relationship required (deposit, merchant processing, treasury management)
Bridge Financing Terms
- Provides financing for acquisitions that are not stabilized and may need a PIP, improved revenue management, expense management, or other turnaround efforts
- Financing available up to $15M
- Minimum WSJP + 1% plus depending on asset, location, etc.
- 1.25% origination fee
- 24-month term – Interest-Only (I/O) loans
- Max 75% LTV
- Personal guarantees required from experienced hotel owner/operator
- Payment reserves depending on cash flow and asset characteristics
- Full banking relationship required (deposit, merchant processing, treasury management)
Together, let’s find the right financing options for your hotel!
Connect with one of our hospitality lending specialists.