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What is the best source of finance secured by a hotel is it private investor, SBA loan or Bank financing?

What is the best source of finance secured by a hotel is it private investor, SBA loan or Bank financing?

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The BAF Group LLC
MD

A Bank will normally give you the best rates. But right now, financing through either a Bank or the SBA is very tough. We just got financing on a hotel, but it was not easy; most Banks are not doing ANY hotel/motel financing at all, right now. The industry at large is not doing well, and the Banking industry does not deal well with risk. Call if you want and we can take a look, if you wish. Don Barrick at (410) 715-0700.

Oct 12, 2010

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