Rick Newman
Managing Partner

BedandBreakfastFinancing.com is owned by Commercial Capital Network, (CCN) is a nationwide lender, specializing in commercial loan programs that are perfectly suited to the unique financial needs of bed and breakfasts and country inns. CCN provides direct access to SBA and Conventional mortgage loan programs. These programs may be used to either purchase or refinance inn properties and may also be tailored to accommodate a borrower’s long and short term investment objectives.

CCN is a member of select regional and state hospitality associations, the Professional Association of Innkeepers International (PAII) and maintains significant relationships with other leading hospitality affiliate organizations and professionals. The company exclusively finances hospitality properties and Rick is well known in the industry for working with both Innkeepers and Aspiring Innkeepers with their very different but connected business issues.

Innkeepers use Rick’s services to restructure their financial obligations but also consult with him as they prepare for the sale of their inn and business assets. Aspiring Innkeeper’s on the other hand, engage Rick to prepare a pre-qualification/analysis of their assets, credit, resumes and investment parameters as they relate to a specific bed & breakfast or Inn.

Rick’s familiarity with the industry’s need for a financing specialist is rooted in his family’s 20 year ownership of a property in New Hope, Pennsylvania. Rick was the first in the nation to offer non-bank SBA conventional and state programs to the bed and breakfast industry; he also introduced an innovative and useful program using 401(k)/IRA assets toward the down payment on a bed and breakfast/inn property.

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Contact Information

Commercial Capital Network, LLC
Richard K. Newman, Managing Partner
RR2 Box 2943, Route 447
Canadensis, PA 18325
ccnllc@gmail.com
Phone: 1-570-595-2120
Fax: 570-227-0049

2009 rate updates

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