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Access Point Financial introduces permanent fixed rate financing program

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APF will provide a 5-, 7- or 10-year fixed rate option with loan amounts ranging from $10 million to $50 million at competitive interest rates.

ATLANTA - Access Point Financial, LLC (APF), a leading direct lender focused exclusively on the hospitality industry, announced that it has introduced a permanent fixed rate loan program for stabilized hotels. APF will provide a 5-, 7- or 10-year fixed rate option with loan amounts ranging from $10 million to $50 million at competitive interest rates. The addition of this permanent financing option further augments the wide range of loan options currently provided by the Atlanta-based direct hospitality lender, which includes bridge, construction, mezzanine and preferred equity, as well as PIP and capex loans. 

“Traditionally, APF has been known for providing financing for bridge loans that were ideal for transitional assets, hotel conversions or properties requiring additional time to stabilize following downturns, such as that recently experienced during the pandemic,” said Michael Lipson, CEO of Access Point Financial. “Those financial options are excellent for acquisitions or refinancing. However, our new permanent loan program opens up our lending ability to properties with stabilized assets and allows us to offer highly competitive rates that are comparable to those normally only available through traditional lenders, such as life insurance companies, CMBS and banks. We look forward to serving this growing need in the industry, now that the recovering travel market is becoming increasingly stable.”

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