After the terrific response to our iPad raffle at the Asian-American Hotel Owners Convention, ValueXpress plans to give away an iPad to another lucky winner at the upcoming Leuva Patidar Samaj of USA National Convention and Trade Show in New Orleans, LA at the Marriott Convention Center. The trade show occurs on Friday, July 29 and Saturday, July 30, 2011. Make sure you stop by our booth and enter to win. The iPad winner’s name will be drawn at 5 p.m. on Saturday, July 30.
Leuva Patidar Samaj of USA is a non-profit organization with over 7,000 members throughout the United States. Patidars and their Asian-American descendents, who reside all over the world but with many in the United States, are compassionate, hard working and very resourceful people. A main goal of the organization is to preserve family values and heritage. This year, over 3,000 members are expected to attend the National Convention and Trade Show. The majority of the members are hospitality property owners.
“We provide these giveaways to collect contact information from members so that we can email them our bi-weekly newsletter with loan rates and terms, and articles on the lending market,” commented Michael D. Sneden, Executive Vice President at ValueXpress. “Too many times I have heard from clients that they needed financing, but lost our contact information. With the newsletter, we can stay in front of our clients all the time.” To sign up for our newsletter, visit www.valuexpress.com.
Jay Bhakta, senior loan originator at the ValueXpress Jackson, MS office, will represent ValueXpress at the trade show. “Many hoteliers are not fully aware that the CMBS conduit loan market is aggressively seeking quality hospitality loans from owners of hotels that performed through the 2008-2009 recession. In addition, with the increase in SBA loan limits to $5 million and the expansion of the SBA 504 program to allow refinancing, hoteliers have more options than ever to secure financing for their hotels,” Sneden said.
ValueXpress welcomes the opportunity to meet with hotel owners at the trade show to explain in detail its SBA 7(a), SBA 504, USDA B&I, CMBS conduit and conventional loans for hospitality properties. Call Jay Bhakta at 1-601-918-2850 to schedule your personal appointment.