Hotels & Lodging · lender intelligence
How to finance a Red Roof Inn in Rhode Island
The SBA 7(a) lenders funding the most Red Roof Inn deals in Rhode Island, from public loan records — typical Red Roof Inn loan about $2.5M. A bank already funding the brand in your state knows it twice over.
Most active with Red Roof Inn in Rhode Island
Ranked by funded Red Roof Inn loans in Rhode Island. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,025 loans · $292M · Berkeley Heights, NJFull record →
1+ funded Red Roof Inn in Rhode Island deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Hanuman Hospitality, Inc. in Middletown, RI — $4.5M (2024) · purchase · Readycap Lending, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 299 months
- SBA guaranteed
- $3.4M (75%)
- Approval → funding
- 11 days
- Approved
- 8/12/2024
- First disbursed
- 8/23/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $5.0M
- Est. down payment (10%)
- $500K
- Est. cash at closing
- $692K
- Monthly payment
- $42,518
- Annual debt service
- $510K
- Cash flow needed (1.25×)
- $638K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Readycap Lending, LLC · Lender record →
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Buying a Red Roof Inn in Rhode Island? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Red Roof Inn loans with a Rhode Island project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Red Roof Inn purchase in Rhode Island with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Rhode Island deals. Readycap Lending, LLC funds the most here. DealRoom is not a lender.
- $2.5M typical Red Roof Inn loan
- 1 lenders active in Rhode Island
- 1+ funded Rhode Island deals
- 11 days typical to fund
Buyers buying a Red Roof Inn in Rhode Island typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: