80 Room Motel 6 Loan Closed

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the refinance funding of an 80 room Motel 6. The ownership had a floating rate SBA 7a loan and wished to refinance to a fixed rate conventional loan. Working with a small regional bank, 513 Capital arranged the refinance transaction with an attractive 5.1% fixed interest rate over the term of the loan. 

513 Capital specializes in bank, SBA, and private commercial real estate funding.

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