(English) Expand Your Hotel Financing Options with the SBA 504 Loan Program
对不起，此内容只适用于美式英文。 For the sake …
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Napa Hoteliers Amplify Business Growth with Multiple SBA 504 Loans
(English)
TMC recently helped hoteliers Vikas Patel, Chotubhai Patel and Tejal Patel, secure $5.4M in total project financing. The funds were used to purchase two hotel properties in Napa. By utilizing multiple SBA 504 loans, the Patel’s were able to obtain 80% hotel financing at a below market rate, fixed for 25 years.
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(English) TMC Financing invests in Nigro Development Project
对不起，此内容只适用于美式英文。 For the sake …
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(English) Hotel Construction Lenders & What a CDC Can Do for You
(English)
Business owners seeking financing for a hotel construction project have several options they can pursue, but not all are equally attractive.
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(English) Expanding Your Hotel Loan Options: Financing A Hotel Purchase in California With the SBA 504 Loan
(English)
There’s a lot to think about when buying commercial real estate for a hotel, and financing your purchase is one of the biggest questions you will face. While many prospective hoteliers know about the 7(a) loan program offered by the Small Business Administration, not everyone knows that there is another option that might be even more attractive: the 504 loan.
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(English) How can TMC help business owners?
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See how TMC’s SBA 504 loan program helped these business owners control occupancy costs.
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(English) Hospitality loan No. 6: Investing in upgrades returns profits for Sands Motel in San Pablo
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“You have to know what to look for and be willing to invest in what it takes to make the property more attractive,” says hotel broker Howard Mathews. “If you can get another 50 percent in revenue per available room, you know it’s worth it. Jay and Don like to work with Jim and TMC. They have good people who know what they are doing and can get deals done.”
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(English) Hospitality financing on a majestic scale: Rush Creek Lodge
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“There were so many reasons for the banks to say no. It’s non-flagged, ground-up construction in a remote area, needing all of its own infrastructure, following the economic recession and just after the Rim Fire. Without the SBA piece from TMC, we couldn’t have gotten this done.”
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Historic Carmel Green Lantern Inn Changes Hands
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“The main reason I bought it was the chance to put my fingerprints on it” Amrish Patel said of his newly purchased Green Lantern Inn in Carmel-by-the-Sea Calif. “We’re making improvements but maintaining its charm.”
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