Finding the right financing can make the difference between growing your business and missing new opportunities.
In this episode, Michael Oppel, Vice President and Loan Officer at Stone Bank, discusses government-guaranteed loan programs for independent lodging businesses, including SBA and USDA financing.
He explains which options are best suited for acquisitions, renovations, expansions, and new revenue-generating projects, while sharing common borrowing mistakes, the importance of a strong business plan, and practical tips for securing financing.
We are very thankful to Michael for sharing his insights with us. You can learn more about Stone Bank at stonebank.com.