Motel Mingle Forums Motel Finance Current lending criteria on purchasing a Leasehold Motel finance Reply To: Current lending criteria on purchasing a Leasehold Motel finance

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DiscoveryFinance

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    Hi Motel Mingle,

    Depending on the location of the business & cash flow you can achieve between 50-60% LVR on a leasehold from the major banks. Rates are around 6%, but again it depends on the strength of the business, experience of the operators and its overall cash flows.

    Let me know if you have any specific scenarios you would like to discuss?

    Jayden Vecchio
    Director |Discovery Finance Group | p: 1300 88 73 28
    w: http://www.discoveryfinance.net.au | f: facebook.com/DiscoveryFinance