Project Description

Alliance Business Capital is pleased to have been able to assist the owner of the HIE in Peekskill, NY with a Construction Loan to build his first Hotel.

Alliance worked with the Borrower and an Alliance Lending Partner to put together a financing package that would work for the borrower. The borrower had been working with brokers and lenders for 3+ years to put together a financing package to no avail.

This deal was completed under an SBA 504 Loan with total project costs of $10 Million.

HIE