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Franchise Hotel Financing

Minimum Loan Amount:    $500,000

Max Loan Amount:            $None

Maximum Loan To Value:    75%

Rate:                                7 1/2% - 8 3/4%

Term:                                5-10 years

Amortization:                     30 years

Basic Items needed to proceed:

1.  Detailed monthly Income & Expenses for the last 2 years & YTD, including occupancy, ADR & REVPAR.

2.  Detailed Year-end Income & Expense for the last 2 years.

3.  Detailed Monthly Performa for the last two years.

4.  Use of funds statement.

5. Photographs and Brochures of subject property.

6. Detailed Borrower Resume & Current Financial Statement.

7. Unit Breakdown by Type, Square footage.

8. Current Star Report.

9.  Current Franchise Inspection Report.

10. Capital Expenditures (Past, Present and Future).

E-mail as much of the information as you can.