Hotels And Motels

How has the pandemic affected lending for HOTELS AND MOTELS?

The Hospitality industry is in trouble. The second variant is hitting landfall and motel owners and hotel operators will be hit hard once again. Trim Financial is positioned to help bail out hotel and motel investors with a Commercial Real Estate loan workout or cash-out refinance for income producing properties.

If your bank will not work with you regarding your motel loan or hotel refinance, we can help by providing specialized lending solutions geared specifically for the hospitality industry.

No boutique hotel or roadside motel is too small for our commercial real estate loan solutions. We cater to both the franchise hotel chains as well as the independent mom and pop privately held motels. Submit your property information and one of our loan representatives will contact you for more information on our wide array of Commercial Real Estate Loan Programs.

Example of a HOTEL REFINANCES:

Best Western – $2,500,000

120 Room hotel

70,000 Square feet

Travelodge – $2,600,000

48 room hotel

20,000 square feet

SBA 7(a) Loan

Why work with TRIM FINANCIAL for your Hospitality loan?

  • Non-recourse financing
  • Terms: Floating rate to 40-year Fixed
  • Loan sizes from $1MM-$100MM
  • Servicing portfolio of $6.4 billion
  • Minimal to no reserve structure
  • Lock rate at application
  • Fast servicing decisions
  • Nationwide coverage on all commercial and multifamily real estate

Ready To Get Started?

Fill out our pre-qualification form and one of our commercial loan experts will contact you to get you started on buying or refinancing your commercial property today!