Scientific Capital logo


Financing the Purchase and PIP loan of Hotel with Projections in Virginia

Sleep Inn
Chesapeake, VA


Sleep Inn of Chesapeak Virginia Finance


The closing of the Sleep Inn in Virginia is another completed 7a project by Scientific Capital that worth attention. The hotel was leased from an owner who had acquired the hotel in an auction early 2011. Due to the fact that the hotel did not have consistent historical financials, the financing of the hotel would have been extremely difficult. By leasing the hotel, the investors gained two benefits, firsthe was able to verify the true revenue potential, the realistic level of expenses, and the overal viability of the investment. second, the investor was able to establish a one year reliable financials for the hotel including a 2011 tax return facilitating the financing requirements. Scientific Capital has long advocated this strategy for the acquisition of the hotels with inconsistent historical financials, insufficient revenues, or other circumstances where the seller is willing to offer a one-year lease with an option to purchase.



What Our Client Thinks of Us


Congratulations and thanks to you on successfully funding our acquisition of Sleep Inn & Suites. In this time, where funding is really scarce and lenders are very skeptical to loan money; you are doing a great job preparing, presenting and convincing lenders. It would have been impossible to close this loan without your expertise, and this statement is not just a simple praise; because this property we acquired from bankruptcy, where no financial information was available to verify. Your knowledge of the whole process and use of all the avenues of financing makes me feel comfortable as a buyer of hotel that funding will be taken care by you, making it one less thing to worry! You efficiently manage every single aspect of loan; bank, SBA, franchise, appraisal, inspections etc. Anybody would appreciate your detail oriented work. This was our second project managed by you and I am sure we will use your service in future. I would certainly recommend Ramin for any hotel loan. He should be included as a team member of your project from beginning so you can use his expertise from evaluating of the project to closing of deal.


Kalpak 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 not to mention a number of referrals that we have received from him.


 Purchase of the Holiday Inn Express of Mebane, NC
 Purchase of the Comfort Suites of Dahlgren
 Purchase of the Springhill Suites of Prince Frederick, MD



Kalpak visiting us at AAHOA 2018 in Washington DC


Learn More About Us

About us Press to go to our client reviews page Sample hotel loans closed

About us


Sample hotel
loans closed

Press to go to our capital markets page Contact us Press to go to BBB website and see our rating

Our lending

Contact us

A+ rating

Hotel loan checklist Hotel financing news

hotel loan

Hotel financing news

Our Popular Hotel Loan Programs

Press to go to our CMBS hotel loan page Press to go to our SBA 504 hotel loan page Press to go to our Bridge hotel loan page


SBA 504


Press to go to our Conventional hotel loan page Press to go to our SBA 7a hotel loan page Press to go to our Construction hotel loan page


SBA (7a)


Press to go to our USDA hotel loan page