INDEPENDENCE BANK NATIONWIDE HOTEL / MOTEL FINANCE

• Purchase a Property
• Remodel
• New Construction
• Consolidate Debt / Refinance

Why Independence Bank for your hotel or motel loan?
Here is what you need to qualify




Michael Sammartino has been our Director of Hotel and Motel financing for the past five years. You can call Michael directly and have confidence that he totally understands every aspect of the Hotel and Motel Business!

CALL MICHAEL SAMMARTINO TODAY AT:
1-888-824-8873, extension 318

Since 1996, we have been providing financing to hotel and motel owners. We are not brokers, so you save time and money! We are an FDIC insured bank that finances hotels and motels. We know and like this business. We offer the financial products necessary to help the operator grow:

• Simple pre-approval
• Quick closing: typically 30 days from receipt of full application & appraisal & environmental reports
• 70% loan to value
• Fixed rates available to qualified individuals with excellent credit
• Always have access to decision makers
• Working capital, improvement funds, and inventory funds always included in your loan

CALL MICHAEL SAMMARTINO

Toll free: 1-888-824-8873, extension 318
Direct line: 401.471.6318
Fax line: 401.884.9551
msammartino@independence-bank.com  

WHY INDEPENDENCE BANK FOR YOUR HOTEL OR MOTEL LOAN?

• We are a Bank that loves this business, and has experience in your industry, saving you time and money.
• We have financed several million dollars worth of Hotels and Motels over the past nine years. Our customers are happy, and always refer us to their friends and associates.
• We can finance anywhere in the United States, and you can bank electronically with us from your office computer- we offer some of the most competitive interest rates in the country- so ask us how to bank with us- it’s easy!
• and the most important reason… WE GET THE LOAN DONE. Period.
  

• 30-40%+ Down Payment
• Good Credit
• 70% Loan to Value, or additional collateral will be requested
• Proof of industry-standard occupancy rates
• A Structural report, Environmental Report, Appraisal Report, Land Survey, and Septic Report (if applicable) are all required as part of the lending process
• US Citizen or Legal Permanent Resident Status
• No Criminal Offenses
• Management Experience in the Industry
• Minimum Loan amount is $500,000