Hotel Loan
 

Though it may not be difficult to obtain a loan of any type today, getting a hotel loan may be a bit of a tricky situation because it is considered as both a commercial venture as well as real estate. Finding a bank that is willing to give you a hotel loan whether it is for new construction, refinancing or financing for the purchase of an existing hotel can take you months if not longer. The best chance of obtaining a bank hotel loan is if you have very good collateral and even that's not a guarantee. Banks and financial institutions have a long list of criteria used to approve a hotel loan application and sometimes even though you meet the criteria, they just don't want to give you a loan. That is where Bond Street Capital comes in.

Bond Street Capital is involved in the funding of commercial real estate but it isn't like your typical lending institution. This company, founded by Barry Reiner and Joseph Forman in 2002, is a full service real estate lender that is not limited to any one type of loan product, program or sector. If you are looking for finance for a gas station or for a hotel loan, Bond Street Capital can provide you with the right solutions. How can it do this? Well, Bond Street Capital has forged strong relationships with over a dozen institutional and private partners and contributes to loan pools through the Capital Markets Group. Through these affiliations, Bond Street Capital is a direct lender and correspondent that originates loans like the hotel loan through a proprietary network of Corporate and Branch offices tailor made for you.

Applying for a hotel loan through Bond Street Capital is so versatile that you don't have to stay with one program till the terms of your hotel loan are over. Bond Street Capital believes in generating a hotel loan for you from a lender who has the willingness to be creative in its approach. Bond Street Capital therefore offers you more than one type of loan program with flexibility. Flexibility that does not constrain you with impossible terms and flexibility to move within hotel loan programs if you find that the initial program is no longer suited to your needs. You will not have to pay additional costs and you will not lose precious time. When you get a hotel loan from Bond Street Capital the only thing you need to worry about is how to get those rooms filled.

Bear in mind that when you go to a bank or other financial lending institutions for a hotel loan, even if you meet criteria such as specific market selection, sponsor quality and specific hotel requirements you are not guaranteed a hotel loan. Bond Street Capital is so flexible that it can even customize your hotel loan to suit your specific needs. Whether you want a hotel loan, a construction loan or any other commercial real estate loan, Bond Street Capital has the right solution! www.bondstreetcapital.com has more on how you can get a hotel loan and all the loan programs offered by Bond Street Capital such as the capital markets programs, the portfolio programs and specialty programs.