Posts

Showing posts with the label hotel business loans

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 bel...