Financing to Make Your Stay More Enjoyable
Hoteliers have the unique drive to create a home-away-from-home for a wide cast of visitors. Hotels provide a place of solace for those on vacation, visiting loved ones, staying for business trips, facing emergency situations, and beyond. Whether your lending needs require a refinance, reflag, purchase, convert, etc., North Avenue Capital has perfected the hotel loan process to fit your needs. Through the USDA Business & Industry Loan Program, NAC is able to come alongside hoteliers to establish, grow, and expand.
Hotel and Hospitality Loans make up nearly 25% of NAC's loan portfolio and help to create a more enjoyable stay for nationwide travelers. North Avenue Capital (NAC) offers Hotel Loans guaranteed by the USDA. NAC structures Hotel Loans to provide cash to operate, without ceasing production in order to meet demand. Our borrowers are accustomed to the confidence, expertise, and established relationship NAC offers. We understand what it takes to create a place of comfort for travelers and sustain a business because we are a small business ourselves. We provide Hotel Loans for all types of growing businesses, ground-up construction, and startups.