Scientific Capital logo


Refinance of Motel with USDA B&I Loan in Nevada


Battle Mountain, NV


Refinance of Super 8 of Battle Mountain, Nevada


Scientific Capital arranges a 2.03 million USDA B&I loan for the refinance of the Super 8 in Battle Mountain, Nevada. The project was financed at 78% Loan to original purchase Cost (LTC). The complexity of this project was to meet the USDA required 10% tangible equity. The issue with any USDA hotel refinance is that USDA requires 10% tangible equity on a CPA GAAP prepared balance sheet both on the current and the post-closing proforma basis. However, each year a hotel is depreciated, the equity drops as indicated on the tax return’s balance sheet. If the tangible equity then drops below 10%, before applying for a USDA loan, borrower has to infuse additional equity in the business operating account to reach the 10% tangible equity.

In this project, Scientific Capital was able to mitigate the depreciation impact and to qualify the project for the 10% tangible equity requirement.



What Our Client Thinks of Us



We contacted you to help with the refinancing of our motel; however you exceeded our expectations and you were very resourceful. You informed us of a process we knew little about. We also know that you have obtained the maximum amount of loan that we were entitled to. Your dedication to our business is highly appreciated.

The financial advice and the high level of service that you provided to us was invaluable. In particular your attention to detail and explanation at every stage during the loan procedure was clear and informative. We could not have succeeded without your help and will definitely be recommending you to our friends and family.

Kind Regards,

M. Singh



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