The Madison Group arranges a $4,850,000 loan to refinance a Wyndham hotel in Louisiana.

The Madison Group (TMG), a leading national source of hospitality financing, arranged a $4,850,000 loan to refinance a hotel in Louisiana.

The client contacted TMG to refinance their existing SBA 7(a) loan that had high floating rate debt on it. The client was looking for a fixed rate with a 30-year amortization and no prepayment penalty in the event of a sale.

TMG was able to find a trusted lender to structure a loan that fit the clients wants and needs. TMG worked closely, with both the lender and borrower, to work through the loan process. Although there were some obstacles, everyone worked together, and the client is very pleased with their loan and monthly interest savings.

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