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Financing Hotel Purchase of Motel 6

Motel 6

Columbus, OH

 

 

In projects where the historical cashflow for the loan amount requested is not consistently sufficient, the future projections and the assumptions are key in justifying the ability of the hotel to service the new loan. Scientific Captial worked closely with the buyer to prepare a detailed two-year monthly profit and loss projection to prove that under the management of this new operator, the hotel will be sufficiently profitable to service the debt. In preparing this projection, the assumptions are key for the justification of the future revenues and the expenses. Scientific Capital works closely with the client to prepare the projections and the assumptions based on the knowledge of the market, the other operations of the client’s hotels, and other information available to Scientific Capital leading to a successful completion of this transaction.
 

 

What Our Client Thinks of Us

 

Ramin: It was pleasure working with you on this project.  We hit a road block in our SBA financing and it was a quick turnaround with a conventional loan which worked out to be a better option for us. I sincerely appreciate your in depth understanding of the lending procedures making approval an easy process with all documentation in place.  We were able to close in a timely manner. We would certainly be back with you for our next project and be glad to recommend to other hoteliers as well.

Rajesh Agrawala

What differentiates us from the others is loyalty of our clients. Here is the other hotels that we financed for this client not to mention a number of referrals that we got from this client.

 

 Purchase of Red Roof Inn of Parkersburg WV and review of our client
Purchase and conversion of Townplance to Mainstay of Worthington, OH
 Purchase of Studio 6 of Reynoldsburg, OH

 


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