Hotel Bridge Loans
Alliance Business Capital offers Hotel Bridge Loans as a Commercial Loan Broker. We work with 2-3 Bridge Lenders who have demonstrated the ability to fund loans that are originated by Alliance Business Capital and who are currently looking at Hospitality Properties up to a maximum loan to value of 65%.
Flagged Hotels are preferred however, boutique hotels are also considered on a case by case basis.
Hotel Bridge Loans General Guidelines
| Maximum Loan Amount: | $20 Million |
| Minimum Loan Amount: | Varies from Lender to Lender Typically $1 Million however exceptions down to $750,000 on case by case basis |
| Maturity and Amortization: | Up to 36 Months / Interest Only |
| Maximum LTV: | Typically, 55-60% |
| Eligible Use of Proceeds: | Purchase, Refinance, Cash-Out Refinance |
| Eligible Use of Property: | Owner Occupied, Investor |
| Rate Options: | Fixed and Adjustable Rates available |
| Loan Fees: | Lender will typically charge a minimum 1% Loan Fee Alliance will have a 2-3% Loan Fee |
| Guarantees: | Recourse and Non-Recourse available |
| Minimum FICO: | No Minimum FICO |
| Debt Service Requirements: | Start Up and Non-Cash Flowing Properties considered |