Hospitality loans – Quest Commercial Capital. Are specialized loans from a lending perspective. The properties are typically single purpose, value driven by location, the ability to draw occupancy, and the facilities offered by the property. Hostelries also require a significant investment in personal property (furniture, fixtures, and equipment) that has a relatively short useful life and is subject to rapid depreciation and obsolescence. For this reason lenders need to have in-depth knowledge of hotel operations to properly asses risk for loan pricing. Lenders who don’t have a total understanding will often take longer to underwrite the project and price the loan product higher based on comfort level.
Hospitality Loans – Quest Commercial Capital understands Hospitality Lending and offers the loan programs for hotel financing. Acquisition, re-finance, construction, PIP or Flag conversion even equipment loans all offered by Quest Commercial Capital with great terms and rates, and fast make sense underwriting. Interest rates are currently the best they have been for many years but are predicted to rise in 2017. Don’t waste time! Contact us now!
Hospitality Loans – Quest Commercial Capital has funding available for hotels, we are actively looking to fund good hospitality properties in the United States. We also offer green initiative conversions like LED lighting upgrades, PV solar system installations, or HVAC system upgrades. Some of these green initiatives offer large Federal and states incentives offsetting the cost of the installations and in many cases can be cash flow positive within 12 months. 100% financing for the equipment with flexible terms to fit loan requirements and minimize cash outlay. Hospitality lending with Quest Commercial Capital offers a risk free assessment for your hotel lending requirements. We are happy to look at your loan scenario to offer the best financial solution for any hospitality loan requirement. Contact us now we have a 24 hr response to all inquiries.