Hotels for sale all over the US need financing. Hotel financing is easy when the right lender is chosen, Dividend America has loans for hotels and hotel purchase loans available with quick approval.
Whether you have hotels for sale or you want to make a hotel purchase, Dividend America helps hotel buyers and sellers by making the hotel financing choice as an easy one. With easy qualifying and fast approvals, the loans for hotels and hotel purchase loans provided by Dividend America are right for a multitude of property types.
The hospitality industry has struggled in recent years; however, the market has turned. There are many hotels for sale at great prices and hotel buyers and sellers that need hotel purchase loans can make their application more successful and close quickly by making sure that they follow a few simple rules.
- Make sure the hotel is flagged with a major brand. Hotel financing is made easier when the lender knows the operations are backed by a national company.
- Make sure you show year over year improvement in line with your market. Loans for hotels close quickest when numbers appear to be more ‘real’ and in line with market averages.
- Avoid hotels for sale in the luxury class and/or the resort class … at least for a little while. While the hospitality industry is improving, most lenders are approving hotel loans in the extended stay to moderately priced ranges.
For more information on hotels for sale, hotel financing and hotel purchase loans visit the Hotel Info Hot Spot on the Dividend America website. Dividend America is the home of quick approvals and has an easy app that helps you successfully complete your hotel financing.