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Hotel, Motel, and Resort financing requires the top notch skills of a person who can bring out the best in the property,
highlighting its value added services, and pointing the property toward the future. Commercial Lending In USA hotel financing
specialists have the years of experience it takes to understand exactly what the proprietor expects in handling the financial
well-being of his considerable investment. For more information on hotel financing contact a Commercial Lending In USA representative at
Tanny@lendinginusa.com, for immediate assistance call 770-690-0500.
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If feasibility study, third party reports, permits, etc. have not been done, our group can be commissioned to complete these and
client will be billed by the various providers individually. 3% fee and an equity position of 20- 49% will be taken at completion
of the project.
We do prefer projects that are ready to go and clients that can answer all of the questions, listed at the bottom of this page, in
a positive manner.
Parameters of Programs
2046. Client must have either the land or controlling access to the project property for at least 120 days.
2047. Need a business plan, feasibility study with "as built" valuation, done by one of the "Top Five" companies Internationally
recognized. Or we can have your paperwork reviewed and an opinion given by a top 5 company.
2048. If hotel involved there must be a signed contract with a franchise.
2049. Must have permits in hand or written indication from local Municipality as to their availability.
5050. Larger projects preferred, such as airports, housing, transportation and casino/resorts, golf courses, time share.
Final Note - Initial package must contain the following extra documentation not standard in a loan package:
Copy of option, contract or proof of ownership/control, permits, entitlements, Corporate documents, credentials of group
who did feasibility study and aerial photographs.
Questions regarding the 100% program
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Do you own the land or is land at least tied up with options?
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Where are you in the permitting process? Do you at least have zoning?
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Do you have feasibility study with a valuation? If not we would prefer to use a company we have used in the past.
The feasibility study is extremely important with this type of financing.
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Are all environmental reports done?
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Do you have final drawings or just artist renditions?
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How much actual dollars of your money do you have into the project so far?
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Does your construction company have a completion bond and a payment guarantee bond on the project?
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Do you have some reserve money set aside for unexpected costs?
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Do you have color pictures - preferably Arial photographs?
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We do not charge up-front fees, however we will charge for a site inspection. This includes airline tickets, hotel
accommodations, rental car and expenses for 2 people not to exceed 5 days.
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Do you have a signed contract with a franchise? (If a hotel is involved)
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Finally, we do take an equity position of between 20 and 49% in the completed/stabilized value of the project.
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