Hospitality Loans for Dallas Hoteliers
Whether you’re building a new hotel in Uptown, renovating a boutique property in the Bishop Arts District, or acquiring a franchise near DFW Airport, Herring Bank has financing solutions to fit your needs.
Types of Hospitality Loans We Offer
- Conventional Hotel Financing: Buy an existing hotel or hospitality property with competitive loan terms.
- Construction Loans: Develop new properties or expand existing ones with funding for land, construction, and associated costs.
- Renovation Loans: Modernize your property to stay competitive in the dynamic Dallas market.
- Refinancing Options: Optimize current loans for better rates, lower payments, and improved cash flow.
- SBA Loans: Access government-backed loans with low down payments for small and medium-sized hospitality businesses.


Why Choose Herring Bank for Hospitality Lending in Dallas?
Local Expertise
As a Texas-based bank, we understand the unique challenges and opportunities in Dallas’s hospitality market. From major tourist hubs like Downtown Dallas to business districts like Plano and Irving, we’re here to help.
Competitive Rates
We offer flexible loan terms and competitive interest rates that align with your financial goals.
Industry Knowledge
With decades of experience, we’ve financed a wide range of hospitality businesses, including independent hotels, franchises, and resorts.
Personalized Support
We’re committed to building long-term relationships with our clients. Our team works closely with you to understand your needs and develop the best financing solution.
How to Apply for Dallas Hospitality Lending
Step 1: Contact Our Dallas Hospitality Lending Team
- Reach out to our hospitality lending experts to discuss your project and financial needs.
- Phone: (214) 225-3166
- Or Request a call from our Team.
Step 2: Provide Your Business Details
Prepare key documents and information to help us evaluate your application, including:
- Business plan detailing your project scope and goals.
- Financial statements, including income, cash flow, and balance sheets.
- Property details, such as appraisals, renovation plans, or construction blueprints.
- Personal financial details for small business owners, if applicable.
Step 3: Loan Application Submission
- Complete our easy-to-use loan application form with guidance from our Dallas lending team.
- Submit your application along with the required documents.
Step 4: Loan Review and Approval
- Our underwriting team will review your application to assess eligibility and structure the best loan terms for your business.
- We’ll keep you updated throughout the process to ensure a seamless experience.
Step 5: Funding and Implementation
- Once approved, funds will be disbursed according to the loan agreement.
- Use the funds to execute your Dallas hospitality project, whether it’s construction, acquisition, or renovations.


Benefits of Hospitality Lending in Dallas Texas
Hospitality lending in Dallas provides significant advantages for business owners looking to grow and thrive in the competitive local market:
- Deep Local Insight: With a strong understanding of Dallas’s hospitality industry, we’re equipped to navigate the unique challenges and opportunities in the area.
- Efficient Loan Processing: Our streamlined approval process ensures you get the funding you need without unnecessary delays.
- Tailored Financing Solutions: We design custom loan packages that align with your specific business objectives, whether you’re building, renovating, or acquiring.
- Competitive Interest Rates: Access affordable financing options that help you maximize profitability and long-term return on investment.
The Dallas Hospitality Market at a Glance
- Tourism Growth: Dallas welcomed over 27 million visitors last year, creating significant demand for hotels and hospitality services.
- Prime Locations: Key areas like Downtown Dallas, the Design District, and near DFW Airport are hotspots for hospitality businesses.
- Investment Opportunities: With a strong economy and continuous growth, Dallas offers excellent opportunities for hotel development and expansion.

Frequently Asked Questions (FAQ) – Hospitality Lending in Dallas
What loan amounts are available for hospitality financing in Dallas?
Loan amounts depend on your project type and financial qualifications. Our hospitality loans typically range from $500,000 to $15 million, tailored to support everything from small boutique hotels to large-scale developments.
Can I secure financing for a new hotel construction project in Dallas?
Yes, we provide construction loans specifically designed for hotel developers. These loans can cover land acquisition, building costs, permits, and other project-related expenses.
How long does it take to get loan approval?
The approval timeline varies based on the complexity of your project, but our team works diligently to deliver a decision as quickly as possible, ensuring minimal delays for your business.
Are boutique hotels eligible for financing?
Absolutely! We offer financing for a wide range of hospitality businesses, including boutique hotels, independent properties, and franchised brands throughout Dallas.
What types of collateral are required for hospitality loans?
Collateral requirements vary by loan type but may include the property itself, business assets, or personal guarantees. Our team will work with you to assess the best options for securing your loan.
Can I refinance an existing hospitality loan in Dallas?
Yes, we offer refinancing options that allow you to secure better rates, reduce monthly payments, or consolidate debt to improve your cash flow and financial flexibility.
Do you provide financing for hospitality-related renovations?
Yes, we provide renovation loans to help you upgrade and modernize your property. This includes interior improvements, energy-efficient upgrades, and aesthetic enhancements to attract more guests.
Are SBA loans available for Dallas hospitality businesses?
Yes, we offer SBA-backed loans for small and medium-sized hospitality businesses. These loans are ideal for those seeking low down payments and flexible terms.
What industries within hospitality do you finance?
We finance a variety of hospitality businesses, including hotels, motels, resorts, extended-stay properties, and other lodging facilities.