NORTH BETHESDA, Maryland—Choice Hotels International, Inc. teamed up with the digital platform Bridge to help provide new and existing Choice hotel owners with access to financing solutions. Choice hoteliers will be able to submit a request for a commercial loan via a customized Choice Hotels landing page on the Bridge platform, which leverages advanced technology to digitize the loan search process. Qualified borrowers will then have the opportunity to compare rates and terms from multiple lenders in Bridge’s network of more than 100 lenders.
The lender base encompasses a range of financing solutions, including SBA, Conventional, Bridge, CPACE, and CMBS options sourced from banks, private debt lenders, and direct lending from family offices. Additionally, Bridge enhances the loan search process for developers by creating a digital offering memorandum and leveraging data to produce screening materials for lenders.
“This collaborati