As the No. 1 SBA 504 hotel lender in the U.S., TMC Financing is a great source for hotel financing
- Unlike SBA 7(a) financing, the 504 program does NOT have a maximum loan amount. At TMC, we have financed projects in excess of $25 million in total project costs.
- Finance multiple projects – a business may borrow up to $16.5 million from the SBA when energy efficiency requirements are met
- As low as 15% down keeps your cash working to grow your business
- Below-market FIXED interest rates with payments fully-amortized over 20 years, no balloon
- Franchised or independent hotels qualify
- Funds can be used for purchase, construction (including land), expansion, renovation and equipment/furnishings
The tight margins of hotel ownership make every dollar count.
The low down payment and below-market interest of the SBA 504 loan make this an attractive option for hotel financing.
Hotel Financing: Independent or Franchise