Hotel Loan Hub is a financing tool built specifically for the hospitality industry, which comes from 30+ years of experience arranging hotel loans for acquisitions, refinancing, and development. Hotel Loan Hub gives the borrower the power to apply and compare multiple loan terms - for FREE! Borrowers can get to closing sooner, with more certainty using Hotel Loan Hub, and know that they paid lower fees than to a traditional mortgage broker. Hotel Loan Hub is NOT A LEAD GENERATOR!
Watch 2 Minute Video: How It Works
MBA Capital Funding Inc. arranges financing for all hospitality property types for acquisition and refinance. MBA Capital Funding's experienced financial consultants provide expert interface with lenders of every level including insurance company lenders, non bank lenders, banks, hedge funds, conduit lenders, and the SBA, as well as with title companies, attorneys, appraisers, surveyors, environmental auditors, lender’s counsel, and all other third party providers. Our approach is to educate the borrower, by candidly discussing advantages and disadvantages of multiple funding sources. All transactions submitted to MBA Capital Funding are kept confidential and only disclosed to lenders and those directly involved in the transaction. We have experience structuring financing with a mixture of conventional loans and unconventional creative financing.
Our network of Lenders is broad and deep. The capital markets advisors of MBA Capital Funding Inc. are trained to evaluate your financing request and determine the best loan program and financing structure for the least amount of cash down, and the lowest interest rate. In short, whatever your hospitality property financing needs, we will seek to find the best solution. Our very competitive fee is based on the size of your loan and other factors which we can discuss. MBA Capital Funding Inc. is based on integrity and dedicated to an open and honest relationship with you and our Lenders. We have comprehensive knowledge in commercial financing for hotels, and a very in-depth understanding of the hospitality business.
The following are brief descriptions of typical financing available for purchases in a wide price range:
|Loan Type||Project Price Range||Current Rates||Down Payment||Pre-payment Penalties||Term|
|SBA 7A||$1,000,000 - $5,000,000||Prime + 2.25 to +2.75, Variable||15 - 25%||Yes||20 – 25 years|
|SBA 504||$3,000,000 -
|Fixed or Variable||10 - 25%||Yes||20 – 25 years|
|Conventional, US||Any||Fixed or Variable||25 - 35%||Vary||5 – 20 years|
|Securitized (CMBS)||$3,000,000 and Up||4.5 – 5.5%||30 – 35%||Yes||5 – 10 years|
|Insurance Co||>$10,000,000||5.7%+||25 – 40%||Vary||5 – 10 years|
|Seller 1st or 2nd||Any||6 – 10%||10 – 30%||No||1 – 10 Years|
|USDA B&I||Up to $25,000,000||Fixed or Variable||10 – 30%||Yes||20 – 30 years|
Of course, every transaction is unique. Lenders consider purchasers' credit, the property's past performance, the market location, the purchasers' experience, purchasers' cash down, and other factors. These factors will affect rate and terms. In some loan programs, you may also be able to finance working capital, improvement expenses and standard closing costs into the loan.
"Even though MBA represented the seller in this transaction, John was also very helpful to us, the buyers, especially in expediting the franchise application and franchise agreement process with Choice Hotels International, where MBA has some valuable business contacts and has formed a strong relationship with the franchisor." - Buyer Comfort Inn and Suites, Pennsylvania