Hotel/Motel Loans

Agri-One Financial have the experience you need for Hotel/ Motel funding for both Flagged and Non-flagged properties.

Non-Recourse – Purchase

  • $6 MM and up loan amounts
  • 5-10 year term
  • 15-30 year amortization
  • DSC 1.5
  • 70% LTV
  • Flagged
  • Limited & Full Service, Extended Stay
  • Experienced operators

Recourse

1.  Purchase – $500 K Minimum Loan 

  • Purchase existing operating property
    • ?May include:
      • Land / Building / Equipment / Good Will
      • Operating Capital
      • Existing business
    • Up to 85% CLTV
      • SBA loan
        • $500 K to $15 MM 
        • Requires a Star Report

2.  Refinance

  1. Rate and term
  2. Cash out
  3. Requires a Star Report

3. Construction – $3 MM minimum

  • Land purchase
  • Construction cost
  • Equipment
  • Interest only
  • One time close – construction to permanent loan
  • Requires a Star Report and Feasibility Study

Bridge and Rehab Loans (for non-stabilized properties)

  1. Purchase
  2. Rehab
  3. Foreign Nationals

 

Please Call to Discuss Details, 303-773-3545