reliance finacial group

Hotel, Motel and Childcare Loans

Hotel, Motel and Childcare  Building Finance

Although there are similarities between hotel and other commercial property financing, hotels, motels and childcares  are usually 'single-use' properties whose primary revenue is generated from a service-based industry and childcare incomes respectively. Banks generally, restrict their lending between 50 to 60%  of collateral security value.  Their market value and debt servicing capability depend upon  their ability to generate future net income by means of their operations. Servicing of debt from business resources and from your other resources should be to bank’s satisfaction. 

Under current financial and economic situation banks change their lending criteria for various industry sectors quite often.  Call us or enquire online for a no obligation chat. We can  help you to arrange finance at most competitive terms.