Scientific Capital logo

press to go to our home page Press to go to Scientific Capital information page Press to see go to hotel loan program page
About Us
Hotel loans
Contact Us

Financing the Purchase and PIP of Motel in Indiana

Motel 6
Evansville, IN

Refinance of motel 6 of Evansville, Indiana

Scientific Capital arranges a 1.2 million SBA 7a hotel loan for the acquisition financing of the Motel 6 Inn in Evansville, Indiana. The hotel was financed at 75% Loan to Cost (LTC) of just over 1.6MM including 1.325MM of purchase price, PIP costs, and working capital.

The financing benefited from the ARRA Stimulus funds where the nearly 3% guarantee fee was waived. The Stimulus funds are extended through the end of the May 2010 with the hope that the Senate Bill S.2869 is either approved by then or soon after.

This hotel presents a great value for the investor with a projected CAP of over 20 within the first year of operations. Most investors are too focused on bank owned hotels and miss many opportunities such as this Motel 6 acquired directly from Accor. Although a fair number of bank owned hotels may prove to be good investments, many of them are falsely viewed as if owned by a bank, it must be a great deal.

What Our Client Thinks of Us

Dear Ramin:
Your services with unsparing efforts, meticulous follow up and support, are indeed commendable. Our heartfelt comment is that you stand second to none in your integrity, diligence and prudence. We have no hesitation in recommending you strongly to every one in the hospitality industry. All the Best and see you in Las Vegas at CHI's conference.
Nataraj.V. Kote & Vipul Shah

A major differentiator between us and the others is the loyalty of our clients. Here are the other hotels that we financed for this client

 See the Red Roof Inn review by this client
 See the Clarion review by this client

Vipul Shah visiting Scientific Capital at AAHOA 2016 in Nashville
Vipul Shah visiting Ramin at the Scientific Capital booth at the AAHOA 2015 in Nashville

Nate and his wife visiting us at our booth at the AAHOA 2019 in San Diego

Learn More About Us

Press to go to our client reviews page
About us
Sample hotel
loans closed
Press to go to our capital markets page Press to go to BBB website and see our rating
Our lending
Contact us
A+ rating

hotel loan
financing news

Our Popular Hotel Loan Programs

Press to go to go to our CMBS hotel loan page Press to go to go to our SBA 7a hotel loan page Press to go to go to our SBA 504 hotel loan page
SBA (7a)
SBA 504
Press to go to go to our Bridge hotel loan page Press to go to go to our Conventional hotel loan page Press to go to go to our Construction hotel loan page
Press to go to go to our USDA hotel loan page


2019 Scientific Capital Group, Inc. All rights reserved