Customer Testimonials:


"We had a difficult loft property to get refinanced. B.I.B. Capital stuck with us and we were able to get a 10 year loan with a thirty year amortization at 150 bp over the same term treasury. We are now locked in at 5.85% in a rising interest rate environment and could not be happier with the service we got." Jason Murrey, Apartment Developer



"As a Hard Money Real Estate Lender most of our money comes from investors or banks that dictate too many terms. BIB Capital showed us a way to get a non hedge fund institutional investor that would give us delegated underwriting, and a true revolving credit facility as well."
R. C. Greaves







Hospitality


B.I.B. Capital Management Group specializes in funding acquisitions, refinances, and construction for a wide variety of hotels throughout the Country. Dealing directly with SBA, Conduit and Conventional Lender, B.I.B. Capital is able to offer our clients a full spectrum of finance options and we work closely to customize a finance option that maximizes the clients needs. Many of our programs provide cash-out, long term fixed rates and are non-recourse.

Post-1980 construction is preferred, although older properties having had a material rehabilitation will be considered. Properties should have a stable or increasing RevPAR.


Property Types

  • Budget/Economy
  • MidScale
  • Full Service
  • All Suite
  • Resorts




Financing Types

  • Bridge/Mezzanine Loans
  • Construction Loans
  • Substantial Rehabilitation
  • Acquisitions
  • Refinances
  • Start Ups

Preliminary Submission Package:

Include the following in your request for a loan quote:

1. 12-month trailing operating statement. We can assemble it for you if you submit a minimum of a) year-to-date operating statement (this year and last year) along with occupancy (number of occupied rooms) and ADR statistics; b) prior year-end operating statement with occupancy (number of occupied rooms) and ADR statistics.

2. Prior 3-year operating statements with occupancy (number of occupied rooms) and ADR statistics.

3. Representative photographs (interior/exterior) if available and Hotel brochure.

4. If the property is on a ground lease, provide an abstract or copy of the lease.

5. Management Fees and Franchise Fees need to be clearly identifiable in the financial statements or disclosed as to amount and where they are included.

6. Any one-time or unusual expenditures should be disclosed.

View the commercial loan submission requirements


Contact us at Georgia office at 877-211-3835 to learn more about the offered programs or send us a e-mail at info@bibcapital.com.