Hotel PIP Financing
Alliance Business Capital can assist with Hotel PIP Financing and CapEx Financing that is being required by a brand mandate. Loan amount from $1 Million up to $5 Million.
For more information, please see below table.
| Loan Use: | Branded Affiliated Hotel PIP and CapEx Brand Mandated PIP and CapEx (up to 100% LTC of Brand Mandated PIP's) |
| Loan Size: | Target $1 Million to $5 Million |
| Terms: | 7 Years Interest Only up to 24 months Fully amortizing thereafter |
| Fees: | Origination - 2% (1% to Alliance and 1% to Lending Partner) Exit 1% |
| Prepayment Penalty: | Minimum Interest/Lockout of 12 months |
| Floating Rate: | Starting at SOFR +700bps |
| Recourse: | Full Recourse |
| Funding: | Monthly draws first 12 months Fully funded into escrow at 12 months |
| Scenarios: | Existing hotel properties with new PIP and CapEx needs Acquisition and Repositioning New Construction |