How to Access Hotel Renovation Financing
If you’re new to the world of hotel renovation financing, you likely have a lot of questions. How does hotel renovation financing differ from traditional financing? And what about understanding which hotel financing new construction projects will require? How can you access the best hotel construction financing rates? The secret is to partner with a commercial real estate broker who’s specifically experienced in hotel renovation financing and hotel construction financing. At Clopton Capital, that’s exactly what we provide.
Hotel Financing New Construction Requirements
Financing a new hotel construction will require a LTV rating of between 70% to 80%, depending on the type of loan (conventional vs. SBA, etc.) and other factors including your business credit history. You’ll also need to have a firm plan in mind that you can present to lenders in order to show you’re serious about making the new build profitable. If you have questions about this, you can contact Clopton Capital directly to receive the answers you need. We’ll be happy to offer you the expertise and counsel you’re looking for to get started.
You’ll also receive target advice about hotel construction financing rates and how they’ll affect your bottom line. We pride ourselves on providing the clearest communication of any nationwide commercial mortgage broker, so you’ll always be informed every step of the way.
Clopton Capital—Experienced Providers of Hotel Construction Financing
Hotel construction financing is not always as straightforward as other forms of lending, like residential mortgages or even other types of commercial real estate. You need a trusted teammate on your side to navigate you through hotel renovation financing and help you understand hotel construction financing rates to get you the best possible loan terms. But not every broker has the same depth of experience and level of skill, nor the constant attention to the ever-changing market. That’s why Clopton Capital has been a trusted, go-to source for borrowers around the nation for years. We provide a combination of experience, up-to-date knowledge, and passion that can’t be matched.
If you have questions about hotel renovation financing, are looking for hotel financing new construction, or just want to learn more about hotel construction financing rates, contact Clopton Capital today. You can speak directly to one of our advisors who will provide you with all the answers you need. From there, we can help you find the perfect financing and terms in order to fulfill your investment goals. Soon you’ll receive the best hotel financing new construction projects could possibly receive. That’s our guarantee at Clopton Capital.