Bed and Breakfast Financing

Richard K. Newman, Founder

Commercial Capital Network is a nationwide _direct lender_ providing access to non-bank niche lending programs that are perfectly suited to accommodate the unique needs of the Bed & Breakfast/Inn Industry. From larger commercial inns with fine dining to smaller properties that are more residential in nature, these loan programs can be individually tailored to accommodate the borrower’s long and short term investment objectives.

Rick was the first in the nation to offer non-bank conventional and stated programs to the bed & breakfast industry. He introduced an innovative and useful program to use one’s 401k/IRA assets toward the down payment on a bed & breakfast/inn property.

Rick’s familiarity with the industry’s need of a financing specialist, stemmed from his family’s 20 year ownership of a property in New Hope, Pennsylvania. He is always pleased to consult with Innkeepers who seek to restructure their present financing or aspiring innkeepers in their quest to acquire the “inn of their dreams.”

Program Highlights: Unrestricted Cash-Out Refinances Purchase with as little as 10% down Fixed Rate Programs up to 30 years No-Doc/Stated Programs Available Up to 85% Loan to Value Lowest pricing in the industry Pre-approvals often within 48 hours Closings within 45 to 60 days