Looking for hotel loans in Manchester? Hospitality properties, whether a boutique inn near the Millyard or a franchise flag along the I-93 corridor, demand financing structures that reflect seasonal revenue swings, franchise agreements, and property condition.
Hotel financing carries more moving parts than a standard commercial real estate loan. Lenders scrutinize occupancy trends, franchise affiliation (or independent brand positioning), food-and-beverage operations if present, and the property's physical condition. In Manchester's market, where you compete with both legacy properties near the airport and newer limited-service builds along South Willow Street, underwriters want 12-24 months of trailing revenue, a professional property condition report, and a clear path to debt-service coverage above 1.25×. As a broker, we analyze your trailing twelve-month STR reports, franchise agreements, and capital-expenditure reserves, then present your file to lenders who already fund hospitality assets in New Hampshire. That pre-qualification saves you months and protects your earnest money during acquisition timelines.
Loan programs
remain the workhorse for owner-operated hotel purchases under $5 million, offering 90 percent loan-to-value on the real estate and up to ten percent for FF&E when you occupy at least 51 percent of the square footage for your business. Commercial real estate loans suit stabilized, flagged properties with two years of positive cash flow; think a Comfort Inn near the Manchester-Boston Regional Airport or a renovated independent property in Pinardville.
A client owned a 48-room independent motel two blocks from our office at 977-1001 Elm St, Manchester, NH 03101, Manchester, NH. Occupancy hovered near 55 percent, and online reviews cited dated rooms.
We start by pulling your trailing revenue reports, STR benchmarking, profit-and-loss statements, and any franchise royalty statements, then model debt-service coverage under conservative occupancy assumptions. If you're acquiring a hotel, we order a Phase I environmental and a property condition report early so lenders see you've accounted for deferred maintenance. For renovation or expansion projects in Hooksett or Merrimack, we quantify the incremental room revenue and show lenders a clear path to stabilized cash flow. Because we're a broker, not a lender, we can present your file to SBA-preferred lenders, regional banks with hospitality portfolios, and private bridge funds simultaneously, letting you compare loan-to-value, amortization, and prepayment terms side by side. Every structure reflects the numbers and the trade-offs, not a one-size template.
### The Relationship Over the Close
Hotel operators juggle franchise mandates, seasonal staffing, and guest-satisfaction scores daily. We treat your financing as one piece of a longer business relationship. After your loan funds, we stay in touch through your first franchise quality-assurance inspection and remain your broker of record when you're ready to refinance, acquire a second property in Londonderry or Litchfield, or tap a business line of credit for minor capital improvements. Hospitality financing isn't transactional; it's a partnership that grows as your room count and revenue do.
Serving the Manchester area
We know which lenders fund which kinds of Manchester businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
