Hotel Funding
All proposals are assessed on their own merit and a bespoke loan facility is tailored to the client’s individual needs. As a guide for purchases and refinancing, loans are readily available on the following terms:
> Funding up to 70% of purchase price or open market value
> Repayment terms up to 20 years
> Interest only periods available
> Competitive Interest rates over LIBOR and BASE RATE
New Builds and Conversions
> Funding up to 75% of total development costs including land and interest roll up
> Repayment terms up to 20 years
> Interest Only periods available
> Competitive Interest rates over LIBOR
It is always worth contacting EM&A to discuss the requirements of each proposal for a no obligation assessment.