Hotel Loans in Pompano Beach, FL
Hotel loans in Pompano Beach cover acquisition, renovation, refinance, and seasonal cash-flow needs for properties along the A1A corridor and Federal Highway.
Hotel loans in Pompano Beach cover acquisition, renovation, refinance, and seasonal cash-flow needs for properties along the A1A corridor and Federal Highway.
Hotel financing in Pompano Beach requires lenders who understand seasonal occupancy swings, the A1A tourist corridor's flood-insurance premiums, and how independent properties compete against branded chains on Powerline Road. Underwriters scrutinize trailing twelve-month RevPAR (revenue per available room), debt-service coverage above 1.25, and whether your property management system generates auditable nightly reports. Hickory Funding Group pre-qualifies your file by reviewing these metrics before submission, so you avoid denials that damage future applications. We broker SBA 7(a) loans for hotel purchases up to $5 million, commercial real estate loans for coastal properties requiring flood certification, and bridge loans when timing matters more than rate.
Loan programs
work for hotel purchases when the borrower occupies a management role and the property operates as a going concern. You'll need two years of tax returns, a current rent roll (or occupancy report), and a business plan showing post-acquisition cash flow.
fund hotel acquisitions, ground-up construction, and major renovations. Lenders examine the property's appraised value, your liquidity reserves (often six months of debt service), and whether the hotel operates under a franchise flag or independently.
solve timing gaps when you've found a distressed hotel at auction or need to close before selling another asset. Rates run higher, but speed and flexibility let you capture opportunities that disappear in 30 days.
and business lines of credit smooth seasonal dips between January snowbird season and summer lulls. Invoice factoring rarely applies to hotels, but equipment financing covers pool resurfacing, laundry upgrades, and lobby renovations.
We translate your P&L, occupancy reports, and capital-improvement receipts into the narrative underwriters need. Before submitting your file, we confirm flood-zone designations with FEMA maps, verify that your business license and tourist-development-tax remittances are current with the City of Pompano Beach, and calculate debt-service coverage using your trailing twelve months of revenue. If your EBITDA looks thin because you pre-paid insurance or replaced a roof, we document those add-backs in a cover memo. Our license as a commercial-loan broker means we match your scenario to multiple lenders instead of forcing your file into a single credit box.
Gather two years of business and personal tax returns, year-to-date profit-and-loss statements, and three months of business bank statements. Hotel-specific documents include a current property-condition report, proof of liability and flood insurance, franchise agreements (if applicable), and a trailing twelve-month revenue summary broken out by room type. If you're purchasing a hotel, the seller's trailing financials and the purchase agreement are non-negotiable. Pompano Beach properties in FEMA flood zones AE or VE will need an elevation certificate and flood-insurance quotes before closing. We create a checklist tailored to your transaction so nothing stalls your file mid-underwriting.
Expect 60-90 days from application to closing for SBA 7(a) hotel loans, 45-60 days for conventional commercial real estate loans, and 10-21 days for bridge financing. Underwriters will order a full appraisal, environmental Phase I (for purchases), and sometimes a property-condition assessment if the building is older than 20 years. Your personal credit score, liquidity, and hotel-management experience all weigh heavily. If you've never operated a hotel, lenders may require a co-borrower with hospitality experience or a management agreement with a licensed operator. Hickory Funding Group walks you through these requirements during your first call at (954) 380-7524.
Reach us at 1901 W Cypress Creek Rd, Fort Lauderdale, FL 33309, Pompano Beach, FL or by phone at (954) 380-7524. We serve hotel owners in Pompano Beach, Sea Ranch Lakes, Lauderdale-by-the-Sea, Lighthouse Point, Deerfield Beach, Hillsboro Beach, Coconut Creek, and across Broward County. Visit our Pompano Beach commercial loans page and service areas page to see the full scope of our brokerage work.
Related programs
Serving the Pompano Beach area
We know which lenders fund which kinds of Pompano Beach businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
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Why Pompano Beach owners trust Hickory Funding Group