CICG provides CapEx/FF&E financing for:
- Hotel Renovations
- Property Improvement Plans ("PIPs")
- Brand Conversions
- Furniture, Fixtures, and Equipment (FF&E) carve out for new construction project
These loan typically range from $500,000 to $10,000,000 and are amortized over the useful life of the improvements, typically 3-10 years. Our experience and knowledge of the hotel industry enable us to underwrite and close these loans in as little as two days.
CICG is able to thoughtfully structure a CapEx loan to meet the franchisees specific needs and the requirements of their senior mortgage through several loan and capital lease options.