$10M Private Financing Refinance Enhances Liquidity for Landmark Hotel in BC

Client: Hospitality Group, British ColumbiaAsset Type: Operating HotelLoan Amount: $10,000,000 CAD Refinance

A longstanding hospitality client sought to refinance their $8 million construction loan tied to a well-established hotel in Cloverdale, BC. Despite the hotel’s strong community presence and steady operations, traditional lenders were unwilling to extend or restructure the facility, limiting the client’s ability to improve liquidity and long-term planning.

Syndicate Lending partnered with a chartered bank to arrange a $10 million refinance package. The new facility retired the full construction debt and provided an additional $2 million for operational needs. Terms included a competitive 6.00% fixed interest rate and a 0.25% lender fee.

The capital allowed the client to enhance working capital, fund renovations, and invest in the food and beverage program—all while reducing short-term financial risk. With predictable long-term financing now in place, the owners continue to operate and reinvest with confidence.

This case demonstrates how strategic refinancing—facilitated through a collaborative lending approach—can optimize capital structure, enhance liquidity, and provide long-term financial stability for hospitality operators.

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