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  • Commercial Real Estate Financing

    I have a customer that is looking to use his hotel as collateral for a loan. Currently has an outstanding SBA using the hotel as collateral. Anybody have any options for this? Looking for something monthly with a minimum term of 10 years.

    Thanks

  • #2
    I might be able to help your customer out. My email is jmeyer@lendficorp.com.

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    • #3
      Originally posted by edram11 View Post
      I have a customer that is looking to use his hotel as collateral for a loan. Currently has an outstanding SBA using the hotel as collateral. Anybody have any options for this? Looking for something monthly with a minimum term of 10 years.

      Thanks
      So in other words, he needs a 2nd or someone to take out the SBA and take 1st position?
      Copelon J. Kirklin
      Equipment & Business Finance | Real Estate Private Equity Funding | Commercial Mortgages

      The KPC Group, LLC
      Email: CKirklin@TheKPCGrp.info
      Office: 504-667-5400
      Cell: 225-304-2634
      Fax: 320-215-9917
      https://www.thekpcgrp.com

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      • #4
        We do this all the time. We have two options that will work and be at great SBA terms and Quick 866-757-2673 Frank

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