Posts tagged SBA 504 Loans for Hotels
SBA 504 Loans for Motels

Anyone who travels will find that they need accommodations. For some, this means a 5-star resort. However, for a growing number of travelers, motels are the destination of choice. In fact, the motel industry generated almost $200 billion in 2018, growing at a rapid 4.4% between 2013 and 2018.

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SBA 504 Loans for Hotels

Can you take out a 504 loan for a hotel? Yes, you can! With $194 billion in revenue in 2018, the industry has grown by 4.4% since 2013. These loans are focused on growth and development, so if your hotel is expanding, or you’re adding additional equipment, renovating rooms, or otherwise building a better business, you can consider this source of funding.

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