Scientific Capital Arranges 2 Million Refinance of the SBA 504 Loan of Clarion Hotel of Indianapolis, Indiana
An SBA 504 loan can be refinanced in its entirety with an SBA 7a loan. When refinancing a 504 loan involves complex changes such as partner/guarantor buyouts as it was the case in this transaction, SBA 504 poses limitations in which cases a complete refinance is warranted. Scientific Capital was... - November 26, 2012
Scientific Capital Arranges 3 Million Financing of the Suburban Hotel in Albuquerque, New Mexico
The $3 million dollar debt structuring of the Suburban hotel of Albuquerque, New Mexico involved the transfer of the ownership from a mother to her daughter. Considering that many hotels are family owned and operated, many parents, for many reasons, are trying to transfer their hotel to their... - November 23, 2012
Scientific Capital Arranges $5 Million for the Refinancing of an Independent Hotel in Fairbanks, Alaska
Scientific Capital arranges a 5 million loan for the refinance of the independent hotel in Fairbanks, Alaska. The complexity of this project was to arrange a larger working capital of over 100,000, allocation of over half million of PIP (Property Improvement Plan), and pay off of the relevant... - October 26, 2012
Scientific Capital Arranges the Refinance of Comfort Suites, California
Scientific Capital refinances the first trust deed of an existing SBA 504 loan of the Comfort Suites in Salinas, CA. - July 19, 2012
Scientific Capital Arranges the Acquisition Financing of the Sleep Inn in Walterboro, South Carolina
Scientific Capital Group arranges a 1.7 MM SBA 7a loan for the acquisition of the Sleep Inn in Walterboro, South Carolina. The project was financed through an FDIC lender at 70% Loan to Value. A good news for those with an existing 7(a) loan or those who are planning to finance their hotels... - August 12, 2011
Scientific Capital Arranges 4.1MM SBA Hotel Loan for an Independent Hotel in Amarillo, TX
Scientific Capital Group arranges a 4.1 MM SBA 7a loan for the refinance of an independent 185 room hotel in Amarillo, Texas. The project was financed through an FDIC lender at 68% Loan to Value (LTV) with the combined LTV of 75% including the seller carry. Hotel financing has remained anemic in... - August 04, 2011
Scientific Capital Arranges 1.3 Million SBA 7a Refinance for Independent Motel in Oregon
Refinancing a motel with a seller carry back within the 24-month minimum wait period - September 03, 2010
Scientific Capital Arranges 2.03 Million USDA B&I Financing for Super 8 in Nevada
Scientific Capital arranges a 2.03 million USDA B&I loan for the refinance of the Super 8 in Battle Mountain, Nevada. The project was financed at 78% Loan to original purchase Cost (LTC). The complexity of this project was to meet the USDA required 10% tangible equity. The issue with any USDA... - July 04, 2010
Scientific Capital Arranges Financing for Ramada Inn in Phoenix and Econo Lodge in Lexington
Scientific Capital arranges a 2 million SBA 7a loan for the refinance of the Ramada Inn in Phoenix, Arizona. The project was financed at 66% Loan to Value (LTV) and included financing of the Property Improvement Plan required by the franchisor. Scientific Capital also arranges a 750,000 SBA 7a... - March 21, 2010
Scientific Capital Arranges a 3 Million SBA 504 Loan for the Acquisition of a Comfort Inn in Virginia
Scientific Capital Group arranges a 3 MM SBA 504 loan for the acquisition of a Comfort Inn in Virginia. The project was financed as 80% Loan to Cost (LTC) with the first position financing through an FDIC lender and the 2nd position loan through the SBA. Previously the 504 loans could be used for... - October 22, 2009