SBA Loans for Hotels

Passionate – Dedicated – Professional

We specialize in SBA loans on hotels

Alliance has been providing SBA Loans for Hotel Owners since 2010 and if we say so ourselves, we’ve gotten pretty good at them.

Higher LTV’s

Loan to Values up to 85%

Longer Terms

Loan Terms up to 25 Years

Passionate – Dedicated – Professional

SBA Loan Programs offered

SBA Loans from Alliance Business Capital

Alliance Business Capital offers the following SBA Loan Programs for Hotels located in the U.S.

Alliance specializes in the SBA 7(a) Loan Program. It is the most popular SBA Loan. Many SBA Lenders are capped at a maximum loan amount of $5 Million, however our Lending Partners will lend up $6.5 Million with a Pari Passau loan.

Some of the Benefits of the SBA 7(a) Loan include:

  • Long Repayment Terms – up to 25 years which can greatly reduce monthly payments
  • Frees up cash to expand your business
  • Low Down Payment – as little as 10% on multi-purpose real estate acquisitions and as little as 15% on single-purpose real estate acquisitions
  • Financing available for most industry types including: Hotel/Motels, Gas Stations/Convenience Stores, Restaurants, Assisted Living Facilities, Self-Storage Properties and Day Cares just to name a few. Financing under the SBA 7(a) is available to most owner/operated businesses located in the U.S.

Alliance can assist with an SBA 504 Loan up to $20 Million.

Some Benefits of the 504 Loan include:

  • Low down payment of only 10% on certain property types
  • Long repayment terms – reducing monthly payments
  • Many rate options including long term fixed rates
  • Frees up cash flow to expand your business
  • Associated fees and soft costs may be financed in the loan

We will need the following items on all shareholders / owners holding a 20% or more ownership in the borrowing entity.

Loan Forms:

Documents

  • Personal Tax Returns for the most recent 3 years – need the complete Federal Tax Returns only, however we need the complete returns with all schedules and including W-2’s and K1’s for all 3 years
  • If applicable, we need the business returns for all entities for the most recent 3 years – need the complete Federal Tax Returns with all schedules
  • 2 ID’s – good copies of 2 government issued ID’s (e.g. Driver’s License and Passport)
  • Current year to date profit and loss statements with balance sheet and business debt schedules on all business owned by borrowers through the end of the most recent month

Additional Items

  • If a purchase, we will need an executed copy of the purchase contract, the sellers most recent 3 years tax returns and a current year to date profit and loss statement with balance sheet
  • If new construction, we will need a copy of the approved plans and the general contractor’s quote
  • If a franchise, we will need a copy of franchise agreement
  • If a PIP is involved, we will need a copy of the PIP and Contractor’s Quote to complete

Passionate – Dedicated – Professional

work with alliance on your next SBA loan

Our Loan Process to get your Financing Request APPROVED.

SBA Loans typically take 45-60 days to close from acceptance of term sheet.

Complete Application

Complete our application and gather required documents from borrower

Initial Underwriting

Initial review of business financials and other supporting documents.

Term Sheet Issued

After Initial Underwriting if everything looks good a term sheet is issued.

Third-Party Reports

Borrower puts up a deposit and third-party reports are ordered.

Final Underwriting

Review of Third-Party Reports and issuance of Loan Commitment.

Loan Closing

Upon acceptance of the Commitment Letter loan goes into closing.

SBA Loan Flyers

Download our SBA Loan Flyers

Alliance Business Capital offers SBA Loans in all States through our PLP Bank Lending Partners.

Important Disclosures and Information

All loan programs are subject to credit approval and loan amounts are subject to creditworthiness. Other underwriting standards and restrictions may apply. Alliance Business Capital is committed to the protection of personal information we collect and process. For more information about how we protect your privacy, please visit https://www.financingforhotels.com/privacy-policy.

Financing for Hotels is a marketing name for Alliance Business Capital Inc.