How can I raise a mortgage for a commercial venture in the USA?

Posted on 7 March 2008

I am looking at a commercial venture into the USA, a 10 room B&B with inn and tavern attached. I have two properties in the UK to sell to provide some financing but need to source the rest. The venture in the USA has a gross turnover at present over the last five years of $550,000 per annum. Enquiries to UK lenders are generally stonewalled. Where can I possibly obtain funding?

Regards,

Paul

Hello Paul,

You do need a commercial mortgage in the US by the sounds of it.

We don't arrange finance in the US at all, and the international brokers that we pass business to, don't work outside of Europe, sorry, it's a Google search for you.

Category: Buying abroad

 

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