Sure Stay Durham Refinance

Inner Circle Capital Advisors is proud to announce the successful refinance of the 114-room Sure Stay Hotel in Durham, NC, securing a $4,900,000 conventional loan for our client.

This transaction retired an existing SBA 504 loan and unlocked several key benefits for the borrower:

• 75% loan-to-value financing with a fixed interest rate of 6.40%. This is ~3% lower than their retired debt.
• Greater long-term stability and flexibility with a conventional loan structure
• 25-year amortization (started fresh)
• Ability to borrow from the SBA on future deals.

By transitioning into a more competitive and sustainable loan product, our client not only improved cash flow but also opens SBA financing opportunities for our clients in the future. At Inner Circle Capital Advisors, we remain committed to delivering financing solutions that maximize value and position our clients for growth.

Capital Advisors: Andrew Bouton and Jaideep Chadha