Business Directory, Press Releases, Jobs, Products, Services, Articles
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | News on Your Site

Press Releases

Scientific Capital Group, Inc.

Press Release

Receive press releases from Scientific Capital Group, Inc.: By Email RSS Feeds:

Scientific Capital Arranges the Acquisition Financing of the Sleep Inn in Walterboro, South Carolina

Irvine, CA, August 12, 2011 --( 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 through this program is that the Fed announced yesterday that it will keep the rates low until mid-2013. This means that the PRIME index on which the 7(a) loans are pegged will not go over 3.25% over the next two years. However, the SBA's 2011 fiscal year's budget is nearly exhausted and hopefully the Continued Resolutions will maintain the required SBA funds starting October 1st until the Congress approves the 2012 SBA budget.

Scientific Capital Group, Inc. ( is a hotel financing advisory and brokerage company established in 2003 in Irvine, California offering services throughout the 50 states. For more information, please contact Ramin Mostaan at (949) 477-5000 or email him at

Contact Information
Scientific Capital Group, Inc.
Ramin Mostaan
949 477 5000
National Hotel Finance Company

Click here to view the list of recent Press Releases from Scientific Capital Group, Inc.
Promote Your Business