Financing the Purchase of Hotel with Conventional Loan in North Carolina
In this project the
focus was on longer term fixed rate (7 years) but at an attractive rate
(4.75%) with about 350K of PIP and renovation funds. As usual many
banks in the North Carolina market are saturated with hotels and it
takes a fair understanding of the market and the lenders to place
conventional loans. With time constraints in mind, we funded this loan
on time allowing this crucial trasnaction to be completed on time and
with requested terms by Akshat our super client.
Our Other Projects With This Client
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 not to mention a number of referrals that we have received from him.
||Closing of Comfort Inn of Pinehurst, NC and Akshat's review of our performance|
Scientific Capital Group, Inc. All rights reserved