Tailored Hospitality Loan Options for the Lone Star State
We understand that every hospitality business has unique financial needs. Herring Bank offers a comprehensive range of loan solutions to support your business at every stage:
Conventional Hotel Loans
- Secure funding to purchase existing hotels or expand your portfolio.
- Flexible loan terms to meet your cash flow needs.
Construction Loans
- Build your dream property from the ground up.
- Ideal for franchise developments or independent hotels.
- Financing for land acquisition, construction costs, and soft costs.
Renovation Loans
- Upgrade and modernize your property to attract more guests.
- Includes financing for interior remodeling, energy-efficient systems, and aesthetic improvements.
Refinancing Options
- Optimize existing debt with better rates and terms.
- Reduce monthly payments to free up cash flow.
SBA Loans for Hospitality Businesses
- Access government-backed funding with low down payment requirements.
- Ideal for small and mid-sized hotel businesses.


Our Hospitality Lending Services
We offer a range of financial products to support your hospitality business in Texas:
- Business Loans: Fund your expansion, renovation, or operational needs.
- Equipment Financing: Upgrade your kitchen, furniture, or technology.
- Working Capital Loans: Manage cash flow during seasonal fluctuations.
- Commercial Real Estate Loans: Purchase or refinance property for your business.
How to Apply for Hospitality Lending
Applying for hospitality lending in Texas is simple and straightforward:
- Contact Us: Reach out to our team to discuss your needs.
- Submit Your Application: Provide the necessary documents and details.
- Get Approved: Receive a decision quickly and start planning your next steps.
- Access Funds: Use the funds to grow or improve your hospitality business.


Benefits of Hospitality Lending in Texas
Hospitality lending in Texas offers numerous advantages for business owners:
- Local Expertise: We understand the unique challenges and opportunities in the Texas hospitality market.
- Quick Approval: Fast processing times to meet your urgent needs.
- Customized Solutions: Tailored financial products to match your business goals.
- Competitive Rates: Affordable financing options to maximize your ROI.
Frequently Asked Questions (FAQ)
What loan amounts are available for hospitality financing?
Loan amounts vary based on the type of project and the borrower’s financial profile. Our hospitality loans typically range from $500,000 up to $15 million.
Can I get financing for a new hotel construction project?
Yes, we offer construction loans tailored to meet the needs of hotel developers, including funding for land acquisition, building costs, and more.
How long does the loan approval process take?
The approval timeline depends on the complexity of your project. Our team works efficiently to provide you with a decision as quickly as possible.
Are there loans available for boutique hotels?
Absolutely! We finance a variety of hospitality businesses, including boutique hotels, independent properties, and franchise locations.