Sourcing bank conventional loans for hotels has been very difficult after 2009 when banks can reach their concentration levels for hotels after putting just a few hotel loans on the books. However, obtaining one is rewarding for the hoteliers when considering the lower cost, fixed longer term interest rates, and simpler loan process (less documents required). Many brokerage firms simply jump on the SBA/USDA loans simply because those are far easier loans to place, the lenders are often national lenders, the process is streamlined, and the underwriting/processing of these lenders are structured for high volume loan processing. The broker compensation is often from the lender making it easier to work with borrowers. However, Scientific Captial puts time and effort into sourcing conventional loans if it believes that the hotel is qualified for such loan. This is another sample of our effort in placing an 80% LTV loan for the refinance of the Super8 with added renovations funds of over half million, working capital, and costs of the loan of over 100K all with a fully amortized loan of 25 years with 6 months of interest only period giving relief during the renovation phase with low fixed rate of mid 4%.