property improvement plan

How to Finance a Hotel Property Improvement Plan with SBA 7(a)

property improvement plan / By

As the hospitality industry continues to evolve, maintaining the appeal and functionality of your hotel is essential to staying competitive. A Property Improvement Plan (PIP) is often required by franchisors to ensure consistency across their brand, but the associated costs can be significant. For many hotel owners, the Small Business Administration’s (SBA) 7(a) loan program […]

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Unlocking Growth Opportunities: SBA 7(a) Cash-Out Refinancing for Hotel Property Improvement Plans

property improvement plan / By

The hospitality industry thrives on providing exceptional guest experiences, but staying competitive often requires significant investments in property improvements. From upgrading guest rooms to modernizing amenities, these enhancements not only elevate customer satisfaction but also drive revenue growth. However, financing these property improvement plans can be a challenge for many hotel owners. That’s where SBA

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