The expected rise in demand for the hotel, motel and resort industries in the coming 2014 fiscal year is leading CDF to project significant increases in the need for this type of hospitality financing.
Houston, TX -- (SBWIRE) -- 01/22/2014 -- Capital Direct Funding based in Houston, Texas, is a leading direct lender in the hospitality industry for all 50 states. The expected rise in demand for the hotel, motel and resort industries in the coming 2014 fiscal year is leading CDF to project significant increases in the need for this type of hospitality financing. As hotel owners continue to renovate and upgrade existing properties, fixtures, furnishings and office equipment to remain competitive in an industry that is expected to reach new heights after the years-long struggling economy, CDF specializes in providing a variety of lending options that traditional banking institutions simply cannot offer.
A recent report by STR, the North American data provider for the hospitality industry, supports these projections. STR is currently forecasting a nearly 62% increase in hotel and motel occupancy ratings for the coming year. Some of the major hotel chains, including Choice Hotels, are even encouraging their licensed owners to invest in their own properties. This will lead to a rapid increase in demand for easily acquired funding option that will be urgently needed to upgrade everything from hotel room mattresses to televisions, carpeting, and signage.
With the expected surge in hospitality traffic and revenues expected to soar in 2014, hotel owners and franchisees are scrambling to remain relevant in this very competitive market. Hotel chains are applying pressure to individual licensees to uphold the high standards of the company brand. As an experienced direct lender, CDF offers the knowledge and expertise to fund these types of projects through a wide range of low risk financing options.
Capital Direct Funding offers both mortgage lending and refinancing options to be used for hotel remodels, new construction, and acquisitions. Future borrowers are invited to apply online with the promise of receiving a return call within the hour. Individual loan officers are assigned to each separate application, providing a single point of contact to the hospitality property borrower.
The hotel industry has managed to remain strong, even during the harsh economic times of the past few years. But now as the nation begins to recover to firmer, financial ground, new entrepreneurs are beginning to take notice of the tremendous opportunities available in the hospitality industry. Capital Direct Funding prides itself on working with the aspiring hospitality mogul to develop and implement a financial plan that both manages risk and achieves higher yields.
A 24-hour live phone and chat line is located on the CDF website, located at www.capitalfundinghardmoney.com or new borrowers are invited to contact Capital Direct Funding directly by calling 877-273-7823.
Capital Direct Funding
12 Greenway Plaza 11th Floor
Houston, Texas. 77046