Commercial loans

CFG

Restaurant Finance
Restaurant Finance

Restaurant mortgages
Restaurant Loan
Restaurant Lending
Restaurant Lenders
Restaurant Lender
bank financing

 

Commercial loans
Commercial loans

Casino Financing

Our casino/gaming financing (refinance and acquisition) programs are available to major (seasoned) gaming resorts and hotels.

Commercial loans
  • MINIMUM LOAN: $10,000,000.00 (below case by case basis)
Commercial loans
  • LOAN TERM: 3 to 7 Years
Commercial loans
  • AMORTIZATION: Most loans are interest only
Commercial loans
  • MINIMUM DSCR: Depending on the deal
Commercial loans
  • MAXIMUM LTV: Case by case basis
Commercial loans
  • INTEREST RATE: Fixed or adjustable rate options on an actual 360 basis
Commercial loans
  • ELIGIBLE PROPERTY TYPES: Major Gaming Resorts Hotels/Motels
Commercial loans
  • TAX AND INSURANCE ESCROWS: Monthly Deposits Required
Commercial loans
  • REPLACEMENT RESERVES: Monthly Deposits Required
Commercial loans
  • RECOURSE: In Most Cases Full-Recourse
Commercial loans
  • REQUIRED REPORTS: MAI Appraisal, Property Condition Assessment, Phase I.  Others if applicable
Commercial loans
  • PREPAYMENT: Depending on the deal
Commercial loans
  • ASSUMABLE: Not assumable
Commercial loans
  • SUBORDINATE FINANCING: Mezzanine allowed subject to approval
Commercial loans
  • RATE LOCK: Not applicable
Commercial loans
  • ORIGINATION FEE: PAR to 5%. (In Addition to Closing Costs)
Commercial loans

To apply, click here | to contact us click here

Program availability and terms may change without prior notice.

If you have any questions, and you know the direct number of your representative, please contact your representative direct.

If you need the direct number of your representative, or would like a representative to contact you, please click here to contact us via email. Thank you.