Financing Hotel Purchase and PIP with SBA 7(a) loan in Georgia
Country Inn and Suites
Aside from hotels that are stable, have steady cashflow at 1.25+ Debt Coverage Ratio (DCR) historically, and are simpler to finance, when cash flow is inconistent and seller expenses are co-mingled and there are renovations that need to be credited back, a thorough analysis of the operations of the hotel is in order. As in this case, such analysis takes the cash flow from under 1 DCR to 1.25 and higher. In many challenging projects we handle at Scientific Capital, our familiarity with the operations, our deep analysis of the cash flow, the seller’s expenses, and the buyer’s operational model will result in projections that are based on facts and hard provable numbers resulting in successful closings.
What Our Client Thinks of Us
Thank you so very much for all of your help in securing our loan for our new hotel Country Inn and Suites here in McDonough Ga. You were very organized and professional but more importantly kind which made all of the difference in our interactions with you. We put our trust in you and you most definitely came through for us. Thank you for your patience as well as treating us as people rather than just another loan customer. You stand above the rest, Ramin!!! Our hats off to you!!!