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Financing the Purchase of Motel with Projections in Ohio

Studio6

Reynoldsburg, OH

 

Studio6 of Reynoldsburg, Ohio finance

 

Financing an economy brand hotel that was acquired by the seller in auction and is a turnaround case translates immediately in SBA loans and even then, it is tough to finance such a motel with insufficient cashflow and partial financials. Scientific Capital was able to go against the market practices and obtain a loan at 80% loan to value under the conventioanl program with reasonable rate fixed for five years and a 25 year amortization.

 

 

Our Other Projects With This Client

 

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

 


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