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Renting Out Rooms for Business

A hotel business owner needed help expanding their locations to Marion County, FL by getting a business loan. 

With all the lending options out there, he was overwhelmed on where he should start searching.

 He decided to start his search online, before going to any bank and came across

He was able to find his options within a few minutes. His top 3 picks were:

  1. A 15-yr term traditional financing loan at an interest rate of 4.99% locked for 15 years. The estimated monthly payments were $7,902. 
  2. A 10-yr term SBA loan with an interest rate of 7.25% locked for 3 years. Estimated monthly payments were $7,590.
  3. A 25-yr term SBA loan set an interest rate of 7.5% locked for 3 years. Estimated monthly payments were $7,760.

If you are looking for a fast, easy, and free way to shop for a business loan please give a try!