Loans

State Bank of Texas is a privately held, independent bank that specializes in commercial real estate and hospitality lending around the nation. The bank has total assets of over $620 million and a loan portfolio of over $330 million in the hospitality segment lent to franchised and independent properties across the nation.
 

Our level of expertise can bring value to your project by streamlining a normally complex process. When dealing with our bank, you deal directly with the decision makers, who themselves are experienced hoteliers. Your loan application can be processed in as little as one week, and we can close under tight time constraints.
 

Our loan committee and directorship is comprised of hoteliers with a combined 150 years of experience in the hotel industry and who collectively own over 175 hotels across the country. In addition, the bank has developed an extensive network of professionals in the lodging industry to which we would be glad to make introductions to assist you in the process.
 

TRANSACTION:

Loan Amount: Maximum of $13.0 million. Up to $25.0 million through syndication network.

PROPERTY TYPES:

Location: Primary and Secondary U.S. Market Locations
Class: Economy to Luxury; Limited Service, Full Service, and Independent
Brands: All Major Franchises and Independents

STRUCTURE:

LTV: Up to 75% of Actual Value
Type: Conventional and SBA
Index: New York Prime
Pricing: Based on equity injection, borrower, LTV, and franchise/independent
Term: 1 to 5 years
Prepayment: Various

APPROVAL PROCESS:

You will receive an answer to your conditional loan request within three business days.

OTHER BUSINESS LOANS:

Here at State Bank of Texas, we have the flexibility to be really creative with our deals and structure them in a way that no other bank can. Our experienced loan officers will create a way to make your loan request work.