Nationwide Hotel Bridge Loan Source. Hotel - Loan.Com

We have a stable of reliable bridge lenders for hotel loans.

Hotel bridge loans are used when a fast closing is desired.

Bridge loans can be used for fast acquisitions to take advantage of an opportunity
to buy a hotel or refinance to pay off a current maturing loan.

Hotel bridge loans are typically 6% to 12% depending upon many circumstances and loan type desired.
Puerto Rico hotel bridge loans may be as high as 14% with 4 points lender origination, plus broker point.
Terms can be from 6 to 24 months and usually are Interest Only.

If there are no hurdles a hotel bridge loan can take as little as 10 work days to close.

Pros and Cons of a hotel acquisition bridge loan

Pros of a hotel acquisition bridge loan:

Quick financing: Bridge loans can provide quick financing for hotel acquisitions, which can help hotel owners to complete the transaction and take over the operations of the hotel more quickly.

Flexible loan structure: Bridge loans offer a flexible loan structure, including interest-only payments or a line of credit, which can improve the hotel's cash flow and financial stability.

No prepayment penalty: Bridge loans typically do not have a prepayment penalty, which can provide hotel owners with the flexibility to refinance or pay off the loan early if desired.

No long-term commitment: Bridge loans do not require a long-term commitment, which can provide hotel owners with more flexibility to explore other financing options in the future.

Short-term relief: Bridge loans can provide short-term relief for hotel owners who need to finance the acquisition of a hotel quickly, without having to wait for other financing options to be approved.

Cons of a hotel acquisition bridge loan:

Higher interest rates: Bridge loans typically come with higher interest rates compared to conventional loans, which can result in higher monthly payments and overall loan costs.

Short repayment term: Bridge loans have a short repayment term, typically ranging from 6 to 24 months,
which can make it difficult for hotel owners to manage their cash flow and make payments over time.

Risk of default: In the event of default, the hotel may be foreclosed on and all invested capital may be lost.

Loan fees: Bridge loans may come with loan fees, such as origination fees, processing fees, and closing costs, which can increase the overall cost of the loan.

Need for follow-up financing: Bridge loans are typically intended as short-term financing options, which means that hotel owners will need to secure follow-up financing in order to repay the loan in full.

Hotel loan providers include SBA, private, hard money, mainstream banks, hotel equity investors.

We can arrange a hotel loan for all 50 states, District of Columbia and Puerto Rico.

Private and hard money bridge loans for hotel purchases and refinance is a few as 10 working days.

Canada and EU hotel loan opportunities: Must be a minimum of $10,000,000 request, a prime property and principals to be considered.

600 North Second Street
Harrisburg, PA 17101