are banks lending

The Lending Climate for Lodging/Hospitality Properties During Covid – Updated

Back in October I provided an update on the lending climate during the pandemic. There are no shortage of inn buyers or sellers these days. It’s almost as if the pandemic has placed an opportunity to hit the reset button, giving many a reality check of what’s important.  But are the banks lending? That’s the …

The Lending Climate for Lodging/Hospitality Properties During Covid – Updated Read More »

Maine Banks ARE lending, at least the ones I’m working with…

I spoke to a client today and learned something a bit unsettling about a conversation that took place with an out of state business “counseling” agency. This client is looking for an inn with a good performing business like most of my clients are. They went to talk with this agency, who is an official …

Maine Banks ARE lending, at least the ones I’m working with… Read More »