Scientific Capital

Financing the Purchase and the Conversion of

Rodeway Inn to Red Roof Inn

Rodeway Inn
North Aurora, Illinois

When dealing with projects where the hotel’s revenue is not fully stable and conversions are taking place, SBA loan are the most suitable option. To help achieve this loan, Scientific Capital worked closely with the client to prepare a monthly two-year projection of the financials of the hotel. This projection and its assumptions was the key to demonstrate future revenues. Of the total $2.2 million loan, $750,000 was allocated to the Red Roof Inn PIP for the conversion.

What Our Client Thinks of Us

Good Afternoon Ramin, I am going to have long days now that I am taking over the hotel but while I have you in mind I have to say that I truly appreciate and am grateful for your calmness while you ride your ship until the closing. Your efforts and understanding is beyond monetary value. I am excited to work with you on the future projects to come!

Keyur Patel
Managing Member
Thanks to Keyur Patel for coming to our booth at AAHOA 2022, for selecting Scientific Capital among all lenders at the AAHOA trade show to finance his purchase/conversion

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