Agri-One Financial have the experience you need for Hotel/ Motel funding for both Flagged and Non-flagged properties.

NON-RECOURSE – PURCHASE

• $6 MM and up loan amounts
• 5-10 year term
• 15-30 year amortization
• DSC 1.5
• 70% LTV
• Flagged
• Limited & Full Service, Extended Stay
• Experienced operators

Recourse

1.  PURCHASE – $500 K MINIMUM LOAN

• Purchase existing operating property
  • ?May include:
    • Land / Building / Equipment / Good Will
    • Operating Capital
    • Existing business
  • Up to 85% CLTV
    • SBA loan
      • $500 K to $15 MM
      • Requires a Star Report

2.  Refinance

1. Rate and term
2. Cash out
3. Requires a Star Report

3. CONSTRUCTION – $3 MM MINIMUM

• Land purchase
• Construction cost
• Equipment
• Interest only
• One time close – construction to permanent loan
• Requires a Star Report and Feasibility Study

BRIDGE AND REHAB LOANS (FOR NON-STABILIZED PROPERTIES)

1. Purchase
2. Rehab
3. Foreign Nationals