SBA Hotel Loan Options.    Hotel - Loan.Com

SBA 7(a) - SBA 504/CDC hotel loan.

  Click here  for SBA hotel loan information by state.

SBA 7(a) Hotel Acquisition, Refinance, Land and Construction loan.

Maximum loan amount $5,000,000 No minimum.
Up to 85% LTV - 25 year maximum term
10 year maximum term for Hotel Operating Capital, Equipment, FF&E.
Typical rate Wall Street Prime + 200bps average. May vary.
 

SBA 504/CDC Hotel Acquisition, Land and Construction loan.

$125,000 Minimum - Maximum loan amount $10,000,000 SBA hotel loan portion
with SBA debenture and no limit on project size or total loan amount.
Up to 90% LTV - 20 year maximum term
Typical rate Wall Street Prime + 200bps average. May vary.

Certified Development Companies (CDCs) are non-profit corporations certified and regulated by
the Small Business Administration to package, process, close, and service “504” loans.

The CDC structures the capital stack contribution of the parties.
The 504 loan consists of:
  - A CDC lender first mortgage of 50% .
  - The SBA -backed portion of the 504 hotel loan up to 40% will be a second lien position.
  - The small business owner borrower contributes the remaining 10%.

Startup and special-purpose properties may be required to contribute up to 20 percent.
 
If you need a Certified Development Company to work with for a hotel loan just contact us as we work with many.

SBA hotel loans are long term low interest rate loans. The SBA guarantees a portion of the loan,

the bank has a lien on a portion of the loan and hotel property, and the down payment is typically

a relatively low 10% to 15% average compared to typical bank commercial real estate hotel loan

LTVs at 20% to 30% down payment.




 


We have been facilitating loans since 1988 and have a proven no nonsense stable of lenders for hotel loans.
 


SBA hotel loans Nationwide.



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