Deal Summary

The sponsor refinanced the Baymont Inn & Suites in Auburn, Indiana, a Wyndham‑branded hotel operating under seller financing that had reached maturity. The borrower needed a fast, reliable refinance solution that would also cover a $1.3 million brand‑required PIP. We arranged an SBA 7(a) loan that paid off the seller note and provided the capital needed to complete the renovation. This was the third successful hotel financing we completed for this sponsor, demonstrating our ability to execute quickly and consistently for repeat clients.

Borrower Challenge

The borrower faced two urgent issues at the same time:

• The seller‑financed note had expired, creating immediate pressure to refinance
• The brand‑mandated PIP required more than $1.3 million in upgrades
• Traditional lenders were hesitant due to the combination of timing, renovation scope, and market size
• The borrower needed a structure that kept payments manageable during construction
• Closing speed was critical to avoid default exposure and maintain brand compliance

The sponsor needed a financing partner who understood hospitality and could move quickly.

Our Solution

We structured the refinance through the SBA 7(a) program, which allowed us to:

• Pay off the seller‑financed note in full
• Include the entire $1.3M PIP inside one loan
• Provide a long amortization to support cash flow during renovations
• Deliver a competitive rate with flexible prepayment terms
• Work with an SBA lender experienced in hotel transactions and fast closings

This approach gave the borrower the capital, time, and flexibility needed to complete the renovation and strengthen the property’s long‑term performance.

Financing Overview

• Loan Program: SBA 7(a)
• Purpose: Refinance + PIP renovation funding
• Property Type: Baymont Inn & Suites (Wyndham)
• Location: Auburn, Indiana
• Structure: High‑leverage SBA financing with long amortization
• Use of Proceeds: Payoff seller financing, fund $1.3M PIP, closing costs, reserves

Transaction Snapshot

• Loan Amount: (Insert final amount)
• Term: 25 Years
• Amortization: 25 Years
• Brand: Baymont Inn & Suites (Wyndham)
• Sponsor: Repeat client — third successful closing
• Highlights: Fast execution, full PIP funding, payoff of expiring seller note

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