Athens, Texas Hotel Gets SBA Loan With Stay Express Brand

Stay Express Inn Athens has been able to secure SBA loan for their hotel. In order to be eligible for SBA loan a hotel has to be associated with an SBA approved brand. The hotel joined the Stay Express banner for various reasons, one of them being that Stay Express is an SBA approved brand.

By joining a hotel franchise company that has SBA approval, half the battle is won. Hotels can then apply for the loan and if they fulfil their various conditions, they can walk out with the loan amount.

Stay Express is a brand that offers lot of benefits to hotels. The problem with other SBA approved brands in the market is that they are very demanding and have unreasonably high PIPs. Due to this, the hotels do not benefit even if they get the SBA loan because they would then have to spend all the amount they get in fulfilling the huge demands set by the brand company.

On the other hand, Stay Express has reasonable PIPs and low joining fees. The hotels can save lot of money when they join Stay Express. This money can then be utilized by the hotels in the development of their property, business operations or customer service.