Hotel Construction Loans

Alliance is pleased to now be able to consider Hotel Construction Loans under the following criteria:

Basic Criteria:

Maximum Loan Amount is $5 Million
Maximum Loan to Value is 75% – typically you must have a minimum 30% verifiable capital injection into the project
Must be able to qualify for SBA 7(a) Loan
Must be a Strong Flag
Must have outside income from other properties
Must have SBA full eligibility – no open SBA Loans
Must have good liquidity
Must have good experience as owner/operator

Typical Loan Fees:

1% Construction Loan Fee – paid to Bank
1% Commercial Loan Fee
SBA Guaranty Fees Apply
Third Party Reports
Alliance Processing Fee

Other Criteria:

Bank must approve Contractor
Contractor must have a Payment and Performance Bond for the Project
Additional conditions may apply upon Bank reviewing complete package

If you meet all of the above guidelines then we have a decent chance to get you financed.

To apply for a Hotel Loan please download our Hotel Loan Package and our Capital Injection Sources form fill those out in detail and submit back to us along with all documents asked for on our Application Needs List (included in Hotel Loan Package).

Thank you for the opportunity to assist you.