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When local banks failed, Bridge secured financing FAST
Bridge secured a $5,300,000 acquisition financing loan for a growing family business in 45 days.
Get Hotel Financing Options
Loan Amount
$5,300,000
Flagship
Comfort Suites
Request to Closed
45 Days
Use of Funds
Acquisition
We typically just use our local bank, but when they failed us, Bridge opened doors to financing we never had access to before... and they did it fast.
The Opportunity: An Undervalued Asset within 5 miles of their other locations
When Rohan Patel and his family saw a rare opportunity to acquire a 3rd Comfort Suites property in a 5 mile radius of the rapidly growing Charlotte, NC market, they knew speed was critical. The property had been on their radar since 2023, but challenges with their previous financing partner forced them to walk away. Fast forward to 2025: with summer revenue on the line, they turned to Bridge.
In 2023, the family had attempted to purchase the same property. Their existing bank expressed interest but strung them along for months without delivering a term sheet. Ultimately, they had to walk away.
"We were unable to secure financing in a quick manner. We had to exit the contract, even though we knew this property had potential," said Rohan.
When the property re-entered the market in 2025, the family was determined not to miss the opportunity again. But the summer season was fast approaching. They needed a partner who could move quickly. Bridge connected the Patel family with multiple lenders, and within 10 days, they had three detailed offers in hand.
"We were unable to secure financing in a quick manner. We had to exit the contract, even though we knew this property had potential," said Rohan.
When the property re-entered the market in 2025, the family was determined not to miss the opportunity again. But the summer season was fast approaching. They needed a partner who could move quickly. Bridge connected the Patel family with multiple lenders, and within 10 days, they had three detailed offers in hand.
Bridge's platform surfaced options with:
- Fixed and floating rate terms
- SOFR and Treasury-based options
- Negotiable origination fees and flexible covenants
Even better? The family preferred working with local banks, and Bridge helped them find local lenders that aligned with their financial model.
Working with Bridge, we were able to get multiple offers that allowed us to negotiate our terms within 10 days and close in less than 50 days.
Key Results
"Speed mattered. We didn’t want to miss summer revenue. Bridge made sure we didn’t," said Rohan.
For operators like Rohan, it’s not just about getting a deal done. It’s about getting it done on time and on their terms.
For operators like Rohan, it’s not just about getting a deal done. It’s about getting it done on time and on their terms.
- Fast Financing: Closed a $5.3M loan in just 45 days, supported by a structured lender comparison and financing summary.
- Better Terms: With 3 term sheets in hand, the Bridge team was able to negotiate better terms and a faster closing schedule.
- Access Specialized Lenders: With one simple request, Bridge was able to source the best deals from 200+ specialized lenders.
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