Business loans for motels and hotels


For motel and small hotel owners looking for the best source of funding for their businesses, we provide hotel loans and motel loans. As a private lender our requirements are different from those of banks to qualify the business for the funding. 

To provide hotel business loans we have a very simple approach to the qualification criteria required, which is very different from the way banks do it. Our criteria are as follows, the business needs to be at least 12 months old or over, the owner of the business should not be in active bankruptcy, and the gross income of the business needs to be at least $10 thousand or over. 

There are few other features that are associated with the loans for hotels that we have, which makes the entire process for small business owners easier. We do not require high credit scores, and often work with credit scores that are in the mid-500s. This is important for many small business owners whose credit scores are poor or below average. Banks on the other hand will not entertain these applications for business funding for hotels, as banks do work on the credit scores of businesses. 

We do not ask for collateral and security either from small business owners for loan for hotel business, as typically many of them are not able to do so. Banks on the other hand again do require collateral and security or personal guarantees for hotel financing. 

Another feature associated with the funding that we provide is the turnaround time frame. At times we are able to process the application very quickly, and this is very beneficial to small business owners. The quickest we are able to process the application, is within 48 to 72 hours from the time we receive the application. 

Typically a bank will take a lot of time to do the same, as their primary concern is not getting the money to the business on time, but rather to secure the funding they are providing. This process of instant small business loans could take anywhere from a month to a few months generally. 

Contact us for more information related to hotel construction loans and hotel financing companies. Our funding team will provide you with the information and assistance you require, and also with the filling of the application if necessary.
Location: United States

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