Business Mortgages for Motels: A Primer
Traditional banks and lenders tend to see motel businesses as "high risk." That's why an SBA 7(a) loan may be the ideal source of funding for real estate or operating costs for your motel.
What are the Pros and Cons of SBA 7(a) Loans?
SBA 7(a) loans are some of the most small business popular loan products in the U.S, with a total loan volume of almost $26 billion in 2017 alone. And, while these loans can provide businesses with the capital they need at extremely affordable rates, they aren’t without their disadvantages. In this
What is a Commercial Real Estate Loan?
A commercial real estate loan is a mortgage loan secured against a commercial property. It’s similar to a typical home loan, except it’s for a commercial property rather than a residential one. Here’s how to get one.