Maximum Loan Amount: 2MM - See SBA 7a Stimulus Bill program changes

Maximum Advance Rate: 85% depending on borrower's experience and the existing and/or the projected cash flow

Interest Rates: Adjustable and pegged to PRIME index. The maximum allowable spread the SBA has allowed a lender to charge is 2.75% so the total rate would be calculated as:   Rate= PRIME + 2.75%

Major Features:

1. Requires very low injection

2. Supports first time buyers (with hotel experience of course)

3. Accommodates short-term hotel investments (i.e. Short-term prepayment penalty of 5 3 1)

4. Fits well for turn-around/projection based hotel transactions

5. Applies to non-flag independent hotels/motels

6. Covers all markets and geographic areas