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
Our Other Projects With This Client
Columbus, OH
Conventional
$3,200,000
Finance the purchase and conversation PIP from Townplace to Mainstay at 75% LTV
Reynoldsburg, OH
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$1,360,000
Finance the purchase and PIP on projection basis at 80% LTV