The SBA 7a Loan program offered by the Small Business Administration provides benefits for purchasing hotels or motels.

Key benefits of SBA 7a loans: SBA 7a loans have lower down payments and longer repayment terms compared to traditional bank loans.

The loans can cover up to 90% of total project costs, including closing costs, improvements, and working capital.

SBA 7a loans are easier to qualify for due to the SBA guaranteeing a portion of the loan, reducing risk for lenders.

SBA financing for hotels and motels can be obtained through banks, credit unions, and non-bank SBA partners.

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )