HOTEL FINANCING WITH CELTIC BANK
Buy, Build or Expand Your Hotel
As a hotelier you go the extra mile to provide the best experience for your guests. Partner with a bank that brings that same care and experience to your business loan. We have helped hoteliers since 2002 get the funds they need to turn around poorly managed properties, renovate existing buildings, or start ground-up construction.
We provide affordable financing that allows you to if invest in the things that will keep you competitive. Our SBA 7(a) financing, with low rates and longer repayment terms, is the ideal funding vehicle for your hotel business.
We fund both flagged and non-flagged establishments. And as a Preferred SBA Lender that approves in-house, we’re well equipped to handle rushed financing deadlines, freeing up your time to focus on the important things, like booking more guests.
Partner with a lender today that knows your business.
The competitive terms of an SBA 7(a) loan make it one of the most popular financing options for hospitality businesses. From hotels to resorts, and everything in between, you can use SBA 7(a) loan to finance it.
As a preferred SBA lender, we can approve loan applications in house, accelerating your time to funding.
With SBA 7(a) Financing Get:
- Rates at, or below prime + 2.75%
- Up to 85% loan-to-value (LTV)
- Up to $5M in funding
- Terms up to 25 years
- No balloon payments
USES OF HOTEL FINANCING
Get What You Need—and When You Need It
The tight margins of owning and operating a hotel make every dollar count. With lower rates and longer repayment terms, SBA 7(a) financing makes your dollar stretch farther. SBA 7(a) financing gives you the funds you need to invest in the things that keep you competitive in the long-term—while still giving you the cash flow to cover you in the short-term. You can use an SBA 7(a) loan to:
Buy a business
Renovate and refurbish an existing hotel
Open and build out a new location
Purchase commercial real estate
Buy out a partner
Expand services
Refinance business debt
Solve cash-flow issues
Stock supplies
Hire staff
RECENTLY FINANCED HOTELS
Let Celtic Bank Fund Your Hotel
HOTEL FINANCING CASESTUDY
Don’t Just Take Our Word for It
Read Zahed's Experience
“I am grateful to Celtic Bank for taking a risk on entrepreneurs. I wouldn’t have been able to do this without them.”
– Zahed Kauser, Waves Hotel
Read the Case Study