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FEATURES
- $500,000 minimum up to $5 million loan amount
- Up to 85% LTV
- Must be a flag hotel
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Up to 25 year terms for hotel financing
- Nationwide hotel financing
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Fully amortizing (no balloons or calls)
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No covenants for hotel loans
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50% minimum occupancy required
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Full recourse required
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Some hotel loans are assumable with fee
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Fast approval - often in 10 days
The same features and requirements apply to flag MOTEL loans
BORROWER REQUIREMENTS
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Must be owner operators to qualify for hotel loans
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Borrowers must have "relevant industry experience" as owner
- Hotel property must show historic profitability/cash flow
Informative and detailed information of great value to income property buyers
can be seen at
Income Property Buyers Tips This new section includes a
Special Report which explains how to
calculate the true value of an
income property. A continually expanding “FAQ”
(Question and Answer) page is also included. We invite you to visit this area of our web site.
Contact Barclay Associates for hotel financing of flag properties.
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How to Contact Us
BARCLAY ASSOCIATES - Cherry Hill NJ
Fax: 856-795-8817
E-mail-Click here ==>
jspat@snip.net
Please e-mail or fax us with your financing request. Click on the e-mail address above. It is important to send your:
Full name, phone number and a paragraph or two describing your financing needs.
BROKERS and other intermediaries- WE WELCOME BROKERS. It is EXTREMELY IMPORTANT that you [CLICK HERE] to obtain full information about our referral fee program and our referral fee rates to brokers.
- We DO NOT finance residential properties-only commercial
- PLEASE DO NOT SEND faxes over 5 pages without calling us first.
- We DO NOT have funders for commercial mortgages or business financing outside of the United States.
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FINANCING FOR:
[Apartment buildings]
[Office buildings]
[Industrial buildings]
[Real Estate Developers]
[Healthcare facilities]
[Shopping Centers]
[Mini storage facilities]
[Mobile home parks]
[Hard Money Loans]
[Raw land loans]
[SBA Mortgage Loans]
[Equipment Leasing]
[Real Estate Development Loans]
MINIMUM LOAN AMOUNTS
- INCOME PROPERTIES - COMMERCIAL MORTGAGE LOANS- (apartment and office building loans, self storage and mobile home park financing etc.- not raw land/land developer loans) - $600,000 minimum loan amount.($750,000 minimum if referred by broker) Multi-family (apartments) must be 6 units or more (in NJ, 10 units or more).
- RAW LAND LOANS OR LAND DEVELOPMENT LOANS - $700,000 minimum loan amount. ($800,000 minimum if referred by broker). "As is" value or purchase price must be $1,400,000 ($1,600,000 as is value if referred by broker).
- SBA LOANS - $500,000 minimum loan amount $600,000 minimum if referred by broker).
- OTHER BUSINESS LOANS - $700,000 minimum loan amount $900,000 minimum if referred by broker)
- ASSET BASED FINANCING (loans based on receivables, inventory, equipment & real estate) - loan amount $1,000,000 to $25,000,000 or more.
- OTHER TYPES OF FINANCING NOT INCLUDED ABOVE - contact us for minimum loan amounts.
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