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Hotel Financing

HOTEL FINANCING

Hotel financing provides the capital necessary to build, renovate, furnish, and purchase hotels. Because running, growing, and improving most hotels will require a lot of capital, most hotel businesses will need to access financing at some point, whether through an outside investor, small business loans, or some combination or both. In fact, it's hard to overstate the importance of financing in the hospitality industry. Sure, hotels motels, and bed and breadfasts can take in a lot of cash, but not without huge investments first. Plus, even a highly profitable hotel will need large amounts of capital to renovate or expand. Luckily, a major change in hotel financing has been afoot over the past years. More and more private sources of hotel financing have become avalable to hotel developers. As a result, hotel financing doesn't necessarily have to come from a bank loan these days. This shift is especially good news for business owners who can't meet the rigid criteria that traditional business bank loans require of borrowers.

FF&E FINANCING

FF&E financing is available for hotel renovations, Property Improvements, Conversions, financing of a new construction project to include any equipment within the construction budget. In many cases, this can also include soft cost items required by the Brand Hotel Franchise. Loan amounts range from, $5,000 - $5M+ and are amortized over the useful life of the improvements (typically 3 - 10 years).

WE HAVE EXPERIENCE WITH THE FOLLOWING HOTEL BRANDS

Aloft Hotel Best Western Clarion Hotel Comfort Inn Comfort Suites Country Inn Courtyard Inn Days Inn Doubletree Suites Econo Lodge Embassy Suites Fairfield Inn Hampton Inn Hawthorn Suites Hilton Hilton Inn Holiday Inn Home2 Suites Homewood Suites La Quinta

Our extensive experience and expertise in hotel financing options allows us to provide the best possible rate and terms for your project. We work with you at every step of the process from the initial application to disbursement of your funds, allowing you to enjoy the personalized service needed to achieve your financial goals.

Loan Guidelines

Loan Amount: $1M to $500 million+ Rate: Fixed 4.50% to 6.50% Amortization: 20 to 30 years Purpose: Purchase, Refinance, Refinance Cash-Out, Construction LTV: up to 90% Loan To Cost: Up to 90% Loan Term: 5, 7 or 10 years Loan Fee: 1 - 2% Guarantees Recourse and Non-Recourse Options

Graco Commercial Capital specializes in the financing of all types of hotel properties across the country including limited service, full service, extended stay, resort, limited service, flagged or non-flagged. We are able to provide Hotel Capital and loans for your Hotel / Motel purchase, refinance, PIP, FF&E and construction needs. Strong lender relationships, smart business practices, experience and a intimate knowledge of local and national hospitality markets are the qualities that allow us to provide the services you need, when you need them most.

Please note that the following hotels are only a guide to the brand name hotels we finance. But we also like luxury hotels anywhere in the free world.

Howard Johnson Hyatt Indigo Hotel Knights Inn Marriott Hotels Microtel Inn Motel 6 Omni Hotel Quality Inn Quality Suites Ramada Inn Red Lion La Quinta Red Roof Inn Sheraton Sleep In Staybridge Suites Un-Flagged Properties Wynham