RESCUE CAPITAL LENDING PROGRAM

In response to the COVID-19 pandemic, CHC Hotel Capital has launched a direct lending arm to help hotel owners maintain control of their assets, keep debt service current and cover operating losses from the severe market downturn until business recovers.

We understand the urgent need for liquidity during this time and have structured a solution to help owners by providing short-term, custom-structured loans to cover all debt service and operating deficits until the property and market return to positive cash flow.

Loan Size

$250,000 - $10,000,000

Purpose

Cover all operating deficits and debt service shortfalls

Property Type

Limited and select service hospitality

Full service hospitality considered on a case-by-case basis

Locations

Nationwide

Interest Rate

12 - 15%

Loan to Value

< 70% on pre-COVID valuation

Term

5 years

Origination Fee

1.0%

Exit Fee

1.0%

Position

Mezzanine or Preferred Equity (with lender intercreditor)

Prepayment

18 months minimum interest

Recourse

Non-recourse, except for standard carve-outs

Credit Card Processing

CHC partner to be granted processing of all Sponsor-affiliated Hilton, Wyndham and Choice hotel assets

For additional information and a full evaluation of your property

CONTACT US HERE

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