SBA Loans for Hospitality Businesses

Acquiring a hotel or hospitality property, funding a major renovation, or expanding to a new location are capital needs that go well beyond routine operating costs. SBA loans are financing programs partially guaranteed by the U.S. Small Business Administration, which reduces risk for lenders and can make larger-scale, longer-term financing accessible to qualified hospitality businesses.

Why SBA loans fit hospitality specifically

SBA loans generally suit established businesses pursuing larger, longer-term financing needs where a more involved application process is worthwhile in exchange for potentially longer terms and larger amounts — a fit for a hospitality business acquiring a property or funding a major renovation rather than covering day-to-day costs.

Common uses for hospitality businesses

• Acquiring an existing hotel or hospitality property
• Funding a major renovation or property upgrade
• Expanding to a new location

What to expect

SBA programs typically require more extensive documentation than other funding types. Commonly requested items include business financial statements and tax returns and a business plan or use-of-funds explanation.

Frequently asked questions

Do SBA loans require collateral? This depends on the specific SBA program and loan amount — your funding specialist will explain the requirements for your matched program.

See the full SBA Loans product page, or explore funding options for the hospitality industry.