Hotel Loans and Financing

Contact us for a free chat about a Hotel Loan

Call +1 (888) 772 – 7720

Prime Resource Capital offers a variety of financing options for Hotel Owners. We can provide construction and refinance loans. The speed and accessibility to capital for your hotel project is our most important priority for our clients. Whether you are looking for Construction Loans, Renovation Loans, FF&E (equipment) loans, Refinance Loans or Working Capital, we can provide Solutions that Lend.

Hotel Loans We Offer

Examples and use of a Hotel Loan:

Hotel Acquisition with SBA 504 Loan
- Loan amount $3,500,000
- Acquisition of Hampton Inn
- Approximately 85% financing

$10,000,000 Bridge Loan
- Proceeds used to payoff various liens and obligations
- Defaults and liens due to construction delays
- Collateralized by a full service Holiday Inn

Quick 45 day close – CMBS
- Loan amount $4,000,000
- Non-Recourse loan requested for a major flagged hotel
- Unrestricted Cash Out

Refinance Variable Rate SBA loan for Comfort Suites
- Loan amount $2,700,000 for
- Payoff existing SBA variable rate
- 5 year, 20 yr amortization, 5.25% for 5 years

$20,000,000 Hotel Bridge loan
- Defaulted on Construction loan due to Permit and Construction delays
- 2 yr interest only, then seek permanent financing
- Funds used to finish Construction and get business open

Holiday Inn Express Cash out $2,000,000
- Payoff tax liens and other obligations
- Borrower with less than perfect credit
- Favorable rates with no prepayment penalty

We offer several different programs for you to choose from:

Hotel Refinance with or with out Cash Out: With this program, we offer hotel loans in nationwide markets for stabilized properties. Owners who need to refinance their existing debt can choose from variety of programs to suit their needs. A short list of program available include:
- CMBS
- Institutional via large banks
- Life Insurance Companies
- Private Credit Companies
- Partnerships and Equity participation
- Hedge Funds and Family offices

Bridge and Hard Money Loans: We have a numerous amount of partnerships with institutional private investment firms, private ultra high net worth family offices, non-bank lending institutions, hedge funds and private money. We can get you the capital you need right away.
- Fast Close (7-30 Days)
- 50% LTV on Raw Land (minimum $1MM)
- 1-3 yr terms with extensions possible
- Use of funds include – debt consolidation, renovations and acquisition

CMBS Loans for Flagged Hotels and Commercial Real Estate: A CMBS, or Commercial Mortgage Backed Securities, loan is one way to finance properties. There are several benefits to this loan including:
- Low interest rate
- Non-recourse debt
- Fixed term
- Cash out for any purpose
- Fast Close

SBA 7a and 504 Loans for Flagged and Non Flagged Hotels and Owner Occupied Properties: We carry the most competitive terms and rates for these two programs.

Do you need a quick closing for time-sensitive acquisitions or cash-out proceeds from refinancing? Download our CMBS flyer to learn more about this product.

Hotel Loans