Motel Loans - small

Motel loan program specializing in small commercial mortgage financing. Barclay Associates has lenders who prefer to finance small loan amounts on income producing Motels.  Purchase, refinance or sometimes even cash out with Motel financing. Competitive rates and terms tailored for you with fast loan commitment and closing. 

Most banks and other conventional lending sources all over the country often turn down small amount loan requests for Motel financing. Many times the borrower's credit is good and the property is sound and well-occupied. They just don't want to handle a small loan. Because of this many deserving business persons do not get the necessary loans. Barclay Associates will work with you to close that small Motel loan request that others will not handle.

  • Geographic Region: Nationwide 
  • Loan function: Motel loans for purchase, refinance, and possible cash outs of the Motel of your choice.
  • Loan amount: See minimum Motel loan amount at the bottom of this page.
  • Rates: Very competitive - Contact us for Motel loan rate quote. 
  • Loan type: Fixed and adjustable loans available.
  • Amortization period: Up to 30 years on some Motel loans
  • Loan-to-Value ratio (LTV): varies with each property
  • Buyer down payment on Motel financing: May be as low as 10% down with seller take back.
  • Appraisal: MAI appraisal usually required.
  • FICO score: Motel loan applicants usually, but not always,  require a 575 minimum FICO score. 
  • Fast Commitment and Closing - In most cases, a firm financing commitment is issued within 4 days after receipt of all required documentation from borrower. Quick closings.
  • Larger Motel financing is  also available - up to $10 million or more.

           PLEASE contact Barclay ASSOCIATES TODAY FOR Motel FINANCING.
    Informative and detailed information of great value to income property buyers can be seen at Income Property Buyers Tips This new section includes a  7 page detailed Special Report which explains how to calculate the true value of an income property. Also, the "Tips" section contains a continually expanding Frequently asked questions (FAQ) page This "FAQ" page includes detailed instructions on how to secure your credit (FICO) scores (without lowering your credit), and how to clean up erroneous credit reports quickly.  We invite and urge you to visit this important area of our web site.

SMALL COMMERCIAL LOAN PROGRAM (click on an item below to go to Property Type)
[Main Page-Small Commercial Mortgages]
[Apartment building (multi-family)] [Mini storage facility] [Mixed use (apartments + stores etc.)]
[Mobile home park] [Motel] [Hotel] [Office building] [Self storage facility]
[Mini storage facility] [Shopping center] [Strip shopping center] [Warehouse/Industrial]

How to Contact Us
BARCLAY ASSOCIATES - Cherry Hill NJ
Fax: 856-795-8817
E-mail: jspat@snip.net

Please e-mail or fax us with your loan request.  Click on e-mail above. We will originally need your:
Full name, phone number and a paragraph or two describing your financing needs.

  • WE DO NOT finance residential properties-only commercial
  • PLEASE DO NOT SEND faxes over 5 pages without calling us first.
  • We DO NOT have funders for commercial mortgages or business financing outside of the United States.

MINIMUM LOAN AMOUNTS
BROKER SUBMITTED LOAN MINIMUM - ADD 20%
TO LISTED MINIMUM LOAN AMOUNT - Example: non-broker submitted $150,000 minimum loan amount - Broker submitted $180,000 minimum. Does not apply to land loans

  • INCOME PROPERTIES - COMMERCIAL MORTGAGE LOANS- (apartment and office building loans, self storage and mobile home park financing etc.- not raw land/land developer loans) - $150,000 minimum loan amount. (brokers add 20% to required minimum) Multi-family (apartments) must be 6 units or more.
  • RAW LAND LOANS - $250,000 minimum loan amount. (Direct borrower or broker submitted). "As is" value or purchase price must be $500,000.
  • LAND DEVELOPMENT FINANCING - $250,000 minimum loan amount. This may include land purchase, infrastructure expenses and optional construction financing. Total "As is" value must be $500,000.
  • SBA LOANS - $350,000 minimum loan amount.
  • OTHER BUSINESS LOANS - $400,000 minimum loan amount.
  • OTHER TYPES OF FINANCING NOT INCLUDED ABOVE - contact us for minimum loan amounts.

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