|
|
Hotel Loans
 MBA Hotel Brokers offers expert capital markets advisory services for hospitality and commercial properties through our affiliate MBA Capital Funding Inc. MBA Capital draws upon 22 years of experience in commercial and hospitality financing to help clients structure debt and equity for partnership buyouts, refinances, construction, or acquisitions. Our experienced financial consultants provide expert interface with lenders of every level including insurance company lenders, non bank lenders, banks, funds, conduit lenders, and the SBA, as well as with title companies, attorneys, appraisers, surveyors, environmental auditors, lender’s counsel, and all other third party providers. Our approach is to educate the borrower, by candidly discussing advantages and disadvantages of multiple funding sources. All transactions submitted to MBA Capital Funding are kept confidential and only disclosed to lenders and those directly involved in the transaction.
For more information, please visit www.mbacapitalfunding.com
The following are brief descriptions of typical financing available for purchases in a wide price range:
| Loan
Type |
Project Price Range |
Current Rates |
Down Payment |
Pre-payment Penalties |
Term |
| SBA 7A |
$300,000 - $5,000,000 |
Prime + 1 to +2.75, Variable |
15 - 25% |
Yes |
20 - 25 years |
| SBA 504 |
$300,000 -
$5,000,000 |
Fixed 6.5% |
15 - 25% |
Yes |
20 - 25 years |
| Conventional, US and International |
any |
Fixed or Variable |
25 - 35% |
Vary |
5 - 20 years |
| Securitized |
>$3,000,000 |
5.9+- |
25 - 35% |
Yes |
5 - 10 years |
| Insurance Co. |
>$10,000,000 |
5.7%+ |
25- 40% |
Vary |
5 - 10 years |
Of course, every transaction is unique. Lenders consider purchasers' credit, the property's past performance, the market location, the purchasers' experience, purchasers' cash down, and other factors. These factors will affect rate and terms. Project costs may include working capital in some loan programs and improvement and acquisition funds.
|
|
|
 |
MBA HOTEL BROKERS
2902 State Route 97
Glenwood, Maryland 21738 USA
T. 410-489-5900
F. 410-489-5515
Email
MBA MIDWEST OFFICE
102 S. 2nd St.
Fairfield, IA 52556
Phone 641-472-7475
Fax: 888-333-7863
Email
|
|