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Resort and Hospitality Financing
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Resort Financing Solutions
Hotel Financing Solutions
Acquisition and Refinance Loan
Term of Construction Loan
Total Golf Solutions
Acquisition and Development Loan
Construction Loan
Marina Financing Solutions
Resort Financing
For developers and owners of timeshare, fractional, hotel and other
resort properties, our resort financing program provides the
following lending products:
Acquisition and Development Loan
Construction Loan
Our financing ranges from $3 million to $200 million and features
competitive rates, reasonable cash equity requirements, and
flexible terms.
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Hotel Financing
For construction of new and/or acquisition of existing hotels
located throughout the United States, Canada and Mexico, our hotel
financing program provides funding of $3 million to $200 million
through the following facilities:
Term Loan
Acquisition & Development Loan
Construction Loan
For hotel owners, operators, and developers whose projects typically
require a total capitalization of $5 million and up, our term loan
provide the flexible funding to bring plans to fruition. Structured
to allow for capitalization of interest during construction phase
and interest only during stabilization, our term loan are available
for new hotel construction projects, as well as acquisition of
existing hotels.
Our Term loan featureS:
Funding amounts ranging from $3 million to $200 million
Term of 5 to 7 years, with a 25-year amortization schedule
Libor and Prime-Based, competitive interest rates
Funding available in United States, Mexico and Canada
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Acquisition
AND Refinance Loan:
Our acquisition and refinance loan is available in amounts ranging
from $3 million to $200 million for the purchase of public, private,
and resort 18-hole courses. Our loan structure typically features 5
to 7 year terms with 15 to 30-Year amortization schedules.
Moreover, our acquisition and refinance loan can be structured to
include earn-outs, allowing qualifying borrowers to obtain
additional funding over and above the initial loan amount, as your
course generates greater cash flow. Advantages of using our
financing to acquire or refinance a new course include:
Competitive Fixed and Floating Interest Rates
Attractive Loan Structures that
provide for incremental
additional funding
Our construction loan is structured as a commercial mortgage and
range from $3 million to $200 million. As an added benefit, when the
construction period ends, we offer take-out loans, ranging from
$3 million to over $50 million. Our take-out loans are structured
like a term loan and are used to pay off any outstanding
construction mortgage loan balance.
TERM OF
CONSTRUCTION LOAN:
Competitive Fixed and Floating interest rates.
Flexible term of 5 to 7 years with an Amortization schedule
of 15
to 30 years.
Attractive Loan Structures that provide for new, added
funding over time.
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Total Golf Solutions
Weve been providing flexible golf course mortgage solutions to some
of the biggest and best names in the business. Our acquisition and
refinance loan products can be structured to allow additional
funding beyond the initially funded amount. Our construction loan
features a take-out financing option to help pay off the original
loan once construction is completed and the golf course is open.
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Acquisition and Development
LOAN
Our A&D loan provides the wherewithal to acquire land for new
vacation ownership resorts and hotels located throughout the United
States, Mexico and Canada. Our A&D loan may be structured as
a Short-Term Loan for a specified time and then converted to a
mini-permanent loan for a longer specified time, allowing for
maximum amortization schedules and minimal payments.
Our A&D loan Features:
Funding amounts ranging from $15 million to $100 million
Term of 2 to 7 years with a 25-year amortization schedule
Libor and Prime-Based, competitive interest rates
Advance Rates up to 75% of project costs
Funding in United States, Mexico and Canada
Repayment of 80% of sellout of phased project through
interval
release payments
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Construction Loan
Our construction loan provides the funding needed for building from
the ground up or for making improvements to existing vacation
ownership resorts and hotels located throughout the United States
Mexico and Canada. Our construction loan may or may not be
structured as a revolving line of credit.
Construction loan FeatureS:
Funding amounts $5 million to $100
million
Terms of 2 to 7 years with a 25-year Amortization Schedule
Libor and Prime-Based, Competitive Interest Rates
Advance rates of up to 75% of project costs
Funding available in United States, Mexico and Canada
Repayment of 80% of sellout of phased project through
interval
release payments
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Marina
Financing
For marinas situated on owned or leased property, our marina
financing program provides funding of $3 million and more including:
Acquisition Loan
Refinancing
Expansion/Renovation Loan
Whether youre a marina owner seeking to renovate your existing
facility or acquire a new one, having someone who is committed to
both understanding your business and financing plans is key. Unlike
more traditional funding sources that serve a broad customer base,
our lending team is dedicated to the marina industry. We offer sound
financing solutions for marinas located on owned or leased property,
anywhere in the United States.
We a offer marina loan for acquisition, refinancing, expansion and
renovation. Our loan amounts are based on the cash flow performance
of your marina, not solely on the value of the real estate. Our
lending products feature:
Loan amounts of $3 million or more.
Term from 5 to 7 years.
Loan balances amortized over 15 to 25 years.
Competitive Fixed and Floating Interest Rates.
Earn-out loan options for obtaining advances beyond the
initial
funding amount.
Funds for capital projects and expansions.
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