$3,737,000 Purchase of Comfort Suites
This was an SBA 7a purchase loan for a franchise property. This deal required that we were able to get the buyer a premium rate and term and also close in a short time frame. The buyer on this property was very organized and a very experienced hotelier. The fact that the buyer was very experienced and highly organized were both key to achieve the buyer’s objectives and close fast with a great rate. Most buyer’s that we work with want to close the deal asap and they also want excellent rate and terms on their loan. We are able to get our clients excellent rate and terms on their loan primarily because of our excellent underwriting backgrounds and also because of our ability to leverage our high loan volume and strong relationships with banks to our clients benefit.
Client Comments:
“I appreciate all of Shawn’s hard work. Working with Shawn has been a pleasure and I would like to definitely work with him again in the future. Shawn knows what he is doing very well and makes the whole entire process very smooth, quick, and easy. I will definitely recommend him to my friends and family.“
Raju Patel, Franchise Hotel Owner