Financing the Construction of a Motel with SBA 504 Loan in Texas
Photo of the motel while under construction
Photo of the completed motel
Take out permanent loan
loans are fairly difficult to obtain. They are even more difficult to
process through the SBA 504 program. Much more precise projections are
required by the SBA and the SBA processing center reviews and weighs in
the assumptions made for the projections. When these projects are
handled by Scitnific Capital, a standard processing time is required to
close these loans. Without Scientific Capital's organized and
professional handling of the porject, without being a step ahead of the
parties involvied when documents are required, the project will take
much longer and will be more difficult. There are many failing points
that Scientific Capital will be able to safegurd the project such as
couple of such instances in this project. The borrowers themselves do
not have the position, the background, the knowledge, and the
relationship to save the project in these instances.
With the 504 loans, it is generally possible to finance 80% of the
total construction project cost with 50% of the project financed by the
first lender and the 30% financed by the SBA.
What Our Client Thinks of Us
hard efforts, we would not be able to get this loan. You are our
inspiration. We are very fortunate to have you in our deals.
Thank you so much
A major differentiator between us and the others is the loyalty of our clients. Here are the other hotels that we
financed for this client not to mention a number of referrals that we have received from him.
| Refinance of the Quality Inn of Thief River, MN
Rajendra Patel visits us at the 2015 AAHOA
Scientific Capital Group, Inc. All rights reserved