Hotel & Hospitality Loans

Flexible Lending Options

for Hotel & Hospitality Businesses

Hotels provide solace for those on vacation, visiting loved ones, staying for business trips, facing emergency situations, and more. Whether your hotel lending needs require a refinance, reflag, purchase, or convert, North Avenue Capital has perfected the hotel loan process to fit your needs.

Through the USDA Business & Industry Loan Program, NAC partners with hoteliers to establish, grow, and expand. Hotel & Hospitality Loans make up more than 25% of NAC’s loan portfolio and help foster enjoyable stays for travelers nationwide.

North Avenue Capital (NAC) offers Hotel & Hospitality Loans backed by the confidence of the USDA. NAC structures hospitality 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 & Hospitality Loans for all types of growing businesses, ground-up construction, and startups.

LOAN DETAILS

Hotel Loans through the USDA Business & Industry Loan Program

Eligible Loan Types for Hotel Loans

Acquisition

Conversion

Expansion

Ground-Up Expansion

New Construction

PIP Improvements

Purchase FF&E

Rebrand

Reflag

Refinance

Financing a Project Other than a Hotel?

RV Park Loans, Outdoor Experience Loans, Adventure Tourism Loans, Nature Retreat Loans.

At NAC, our team of rural lending experts is here to assist applicants throughout the entire process. We specialize in providing financing solutions for hotel & hospitality ventures, as well as loans for RV parks and outdoor experiences. Many business owners are pleasantly surprised to discover that the USDA’s support extends beyond agriculture. In fact, the USDA Business & Industry Loan Program is not limited to agriculture in any way. This program offers government-guaranteed loans and grants to a wide range of rural small businesses, including those in the hotel, hospitality, RV park, and outdoor experience sectors.

When it comes to outdoor experiences, we understand the unique financing needs of businesses in this exciting industry. Whether you’re looking to expand your adventure tourism business, develop a nature retreat, or create an unforgettable outdoor destination, our team has the expertise to guide you through the process.

With loans of up to $25 million available through the USDA Business & Industry Loan Program, we’re committed to empowering entrepreneurs and organizations in rural communities with populations of 50,000 or fewer to turn their outdoor dreams into reality.

Borrower Spotlight

Stafford Development Company

Interested in financing from NAC?

Fill out the form below and a Loan Specialist from our team will reach out.

"*" indicates required fields

Step 1 of 3

Name*
*Be advised, we do not fund USDA Business Loans under $2 million.

NAC-Funded Hotel & Hospitality Businesses

Why Choose North Avenue Capital?

Availability of Capital

As a rural business, you could qualify for up to $25 million in funding per project – substantially more than is available through traditional lenders.

Interest-Only Options

NAC’s interest-only construction loans free borrowers from redundant closings while reducing uncertainty, shifting terms, and equity calls.

Startup-Friendly

NAC partners with businesses of all varieties, including well-established corporations, startup enterprises, and everything in between.

Simplified Structure

NAC can consolidate multiple types of debt into a single, amortized, non-callable, balloon-payment-free loan structure.