Even in the current market conditions, there are still financing opportunities for those willing to move forward with an appropriate ministry expansion project.
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A hotel is a specific type of building for which certain green technologies make economic sense, while others do not. At HiFive, we’ve undertaken significant and real-world studies to discern which of those technologies are expedient and result in the highest benefit and cost returns.
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Until recently, the thought of SBA financing for hotels would elicit negative reactions from hotel investors. Mountains of paperwork, expensive filing fees, governmental scrutiny, and insufficient lending limits caused most developers to turn their backs on “504’s” and “7(a)’s.” But in this “recovery,” the game has changed…
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Solar collectors—utilizing free energy from the sun—are greatly improved and more affordable than ever. Recent innovations have made solar power an appealing option for the hospitality industry, and HiFive is your key to unlocking the benefits.
Read MoreHR 5297, The Small Business Lending Bill, was signed into law by President Obama on September 27th. The bill changes the SBA 504 Loan, making it an even more attractive option for banks and borrowers.Put simply, the SB 504 Loan is the best financing option available for hotels today.
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