Front of hotel in Southeast Texas
Front of hotel in Southeast Texas

Hard Money Loans For Hotels Renovations

To schedule a free loan consultation, please call (254) 230-0012 (for loans in Texas) or (503) 222-4466 (for loans in Oregon and other states).

 

If you’d like to unlock the full potential of your hotel and increase revenue, consider taking out a hard money loan for renovations and upgrades.

 

We can quickly provide the money you need for hotel renovations and upgrades – loan approval in as little as a day and loan funding in as little as 7 days!

 

Hotel Guest Room Renovations

If your hotel guest rooms need a refresh or complete overhaul, we can provide a hard money loan for:

  • new furniture and fixtures
  • bathroom upgrades
  • new flooring, paint, and wall paper
  • in-room technology (such as new TVs, charging stations, and smart controls)

 

You can also use a hard money loan convert unused hotel space into new guest rooms or suites, or to reconfigure the layout of your rooms (e.g. to family suites or extended stay rooms).

 

Hotel Lobby And Common Area Remodels

If the lobby and/or common areas in your hotel need to be remodeled, you can use a hard money loan to modernize your front desk and check-in area, redecorate with new lighting and flooring, and add seating areas, art installations, and more.

 

Hotel Amenities

A hard money loan can help you complete renovations or upgrades to your hotel’s amenities, including: pool, fitness center, spa facilities, business centers and meeting rooms, and breakfast rooms or restaurants.

 

Exterior Improvements

If you need a new roof or siding, or just want to paint, add new signage and lighting, resurface your parking lot, or beautify the landscaping around your hotel, a short-term hard money loan can provide the funds you need.

 

Hotel HVAC And Mechanical System Upgrades

Hotel HVAC and mechanical repairs and upgrades can be costly! If you need a new heating, cooling, or ventilation system – or more energy-efficient boilers, A/C, or thermostats – taking out a hard money loan can help preserve your capital.

 

Hotel ADA And Code Compliance

In hotels, non-compliance with ADA  regulations and local codes can have serious ramifications. You can use a hard money loan to pay for wheelchair ramps, elevators, accessible bathrooms, fire safety systems, (sprinklers, alarms, and exits), and more.

 

Hotel Property Improvement Plan (PIP) Requirements

If you’ve been put on a PIP by your hotel franchisor, time is of the essence to meet brand-mandated renovations and upgrades. A hard money loan can provide the funds you need, quickly, to meet the brand’s current design, safety, and quality standards.

 

Hotel Technology Upgrades

In order to stay competitive, hotels need to stay current with technology. Hard money loan funds can be used to install keyless entry and mobile check-in, upgrade Wi-Fi and in-room entertainment, purchase a PMS (property management system), add smart room controls, and more.

 

Hotel Energy Efficiency Improvement

The cost of energy is going up and up, which makes energy efficient improvements to your hotel cost-effective in the long run. In the short-term, if you need money to finance your energy efficiency projects, a hard money loan can be the answer. You can use the funds to convert to LED lighting, replace older windows, install solar panels, add water-saving bathroom fixtures, and more.

 

About TriTalent Funding Group

At TriTalent Funding Group, we’ve been providing private, hard money loans since 2004. Our loans range from $75,000 to $7 million, and you pay interest only for the 1-year term of the loan, with no prepayment penalties.

 

For more information about loans for hotel renovations, or to schedule a free loan consultation, please call (254) 230-0012 (for loans in Texas) or (503) 222-4466 (for loans in Oregon and other states).

 

Please note that we provide hard money loans throughout Texas, including: Dallas-Fort Worth, Austin, Waco, and San Antonio. We also provide hard money loans in Oregon (including the Portland area), Washington, California, Nevada, and Arizona.

Call us today for a free consultation

Portland Office: (503) 222-4466
Texas Office: (254) 230-0012
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