Hotel Financing
The hospitality industry is poised for a return to growth and we want your business to be part of it. If you are seeking a loan or financing to fund construction of a new resort, a property acquisition, or a reposition, our team of experienced hospitality experts is here to guide you. For properties you currently own, now might be the right time to refinance your property, and we can help with that too.
Solutions from our trusted financing partners include:
- Construction
- Bridge for Property Reposition/Turnarounds
- Property Acquisition & Refinancing
- SBA Financing
We have relationships and experience with all major hotel brands.
Hotel Lending Program Overview
| Construction | Bridge | Permanent | SBA 7(a) or 504 | |
| Uses | Ground up development or renovation of existing property | Quick closing timeline/reposition or stabilize | Acquisition and Refi of Existing Properties | Acquisition/Refi and Reposition |
| Term | 12-36 Months Interest Only | 12-36 Months Interest Only | Up to 25 Years | Up to 25 Years |
| Rates Start At | Start at Libor +3 | Start at Libor +3 | Prime + 1 | Prime Plus 1.5% |
| LTV/ LTC | To75% | To 80% | To 80% | 85% |
| Timeline to Funding | 30-45 Days | 30-45 Days | 45 -60 Days | 60 Days |
Have A Question? We Have An Answer
Interested in learning more about how we can help you achieve your financing goals? Get in touch with us today and schedule a consultation with one of our experts. We would be more than happy to connect with you and show you the wide range of lending and financing options you have available to you when you choose to work with BLP.