As a leader in hotel lending, Western Alliance specializes in meeting the growth and expansion needs of the hospitality industry from the ground up. We bring experienced, targeted hospitality industry banking and financing resources, serving hotel developers and owners through hotel construction loans, hotel property purchases and hotel development financing. We deliver a full range of solutions, so you can focus on creating and operating your growing portfolio of successful properties.
DEEP INDUSTRY ACUMEN
From the seasonality of your business to the diversification of revenue streams that impact your bottom line, our highly skilled bankers understand how hotels operate with an overlay of hotel lending along with the financing required for hotel development and expansion. Because every hotel property and project is different, we tailor our specialized product portfolio to meet your individual needs, helping you to optimize your working capital and liquidity to leverage your available and prospective resources.
Western Alliance Hotel Franchise Finance is a leading lender for the dynamic U.S. select-service and extended-stay hotel sector. Our in-depth knowledge – drawn from our work with a wide range of hospitality projects from coast to coast – supports a robust set of lending options for hotel owners and operators. We offer smart solutions for acquisitions, ground-up construction, expansions, renovations, refinancing and more.
LOANS AND FINANCING
Fixed or floating term loans
Real estate secured revolving facility
Construction loans
Asset-based and cash-flow lending
Revolving lines of credit
Equipment financing
Sale-leaseback financing
SBA 504 lending
CAPEX lending
Sophisticated commercial credit card products
All offers of credit are subject to approval.
BUSINESS BANKING
Beyond hotel lending, we also offer hotel developers and hotel operators a variety of business banking, international banking and treasury management solutions.
The bank provides a lot of flexibility – they are easy to work with. We have a Hilton Garden Inn that is not highly leveraged, but with Western Alliance we can do a deal that allows us to build in more leverage if our needs change. They give us the flexibility to do that.”Tim Dora, President and CEO, Dora Hotel Company
With more than $18 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies and is ranked #4 on the Forbes 2017 “Best Banks in America” list. Its primary subsidiary, Western Alliance Bank, is the go-to bank for business and succeeds with local teams of experienced bankers who deliver superior service and a full spectrum of deposit, lending, treasury management, international banking and online banking products and services. Western Alliance Bank operates full-service banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank. The bank also serves business customers through a robust national platform of specialized financial services including Corporate Finance, Equity Fund Resources, Hotel Franchise Finance, Life Sciences Group, Mortgage Warehouse Lending, Public and Nonprofit Finance, Renewable Resource Group, Resort Finance, Technology Finance and Alliance Association Bank.