InnFinancing.com and Commercial Capital Network are owned by Richard K. Newman, a nationwide inn consultant, specializing in Commercial Financing & Acquisition/Funding Strategies for Bed & Breakfasts, Country & Historic Inns, Resorts, Campgrounds & Other Hospitality Venues. Rick consults with business owners who wish to restructure debt obligations, but dedicates the majority of his energy helping the next generation of business entrepreneurs and aspiring innkeepers navigate the challenging process to identify and purchase “The Business of Their Dreams.”
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“For many years, we thought about owning a Bed & Breakfast when the time was right. When we reached that point, we set out to learn as much as we could about becoming innkeepers and how to avoid the pitfalls in finding the right property
“Rick is a master at helping people finance Inns and B&Bs. What not too many people say is that Rick takes each sale personally and you make a friend for life. Rick helped me finance Oak Hill On Love Lane in Waynesville, NC last year,
“We would not have been successful in achieving our goal of B&B ownership without Rick’s help and guidance. His thoughtful and smart approach consistently kept us a step ahead without overwhelming us, even when significant obstacles appeared. He was persistent and creative partner who focused
“For more than 25 years, my grandmother (Rick Newman’s Mother) owned the New Hope Lodge in New Hope, PA. I spent much of my childhood after school with her at the inn watching her work never imagining that one day I would want to own
“We never would be here as innkeepers of the Sheridan House Inn at the gateway to the Grand Canyon, with guests from all over the world delighting in our special brand of Arizona hospitality, without Rick Newman of InnFinancing. It’s a fact that most B&B
“Rick was such a pleasure to work with. He was helpful in guiding us through the ups and downs of financing our inn. He was a huge part in making our dream come true and we cannot express how grateful we are to have connected
“We spent the better part of 15 years dreaming of owning a Bed & Breakfast. We toured numerous Inns, attended The B&B Team’s Aspiring Innkeeper Seminar, and conversed with many Innkeepers to educate ourselves about the Innkeeping Business. We put in a great deal of
“We started in October and missed 5 closing dates struggling to finance the purchase of Tall Pines Inn. We were told by every lender that we were well qualified, so we didn’t understand why we were having trouble securing a mortgage. We tried for months
B & B Financing “My husband Kevin and I will tell you that we could not have bought the Carolina Bed & Breakfast in Asheville, NC without the invaluable knowledge, guidance and dogged persistence that Rick provided to us. Anyone who tells you that financing
The Prequalified Buyer™ evaluation and designation provide Aspiring Innkeepers a credible way to quantify how much purchasing power they really have as it relates to identifying hospitality properties that best fit their financial qualifications and professional or personal objectives. A Prequalified Buyer™ designation identifies a person or persons as having
How do I determine how much I can afford before I begin shopping for a B&B/Inn?
How much do I need to have for a down payment to purchase an inn?
How can I know how much of a loan I need to purchase the “Inn of my/our dreams?
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Few investors or entrepreneurs realize that they have the ability to self-direct their own retirement assets. Most believe the only two options are to borrow or withdraw from their account/s if they wish to invest in real estate or purchase/start up a new business. The
September 19, 2021-September 23, 2021
(3:00 PM-12:00 PM)
Limit 4 People
Leader: Linda Hayes, Amy Draper
This hands-on workshop will give you a clear understanding of the daily activities involved in creating a successful lodging business. From preparing and serving breakfast and learning to clean a room effectively to taking reservations and checking in guests, the realities of running your property are much clearer when you worked the jobs. A binder includes a complete set of all forms. Your fee includes two lunches, two dinners and materials plus Read More
Cost: $1600 Couple – $975 Single
Location: Armory Park Inn, Tucson, AZ
October 16, 2021-October 16, 2021
(8:30 AM-5:00 PM)
Learn the essentials of finding, evaluating, and buying an independent lodging property in this fast-paced, intensely informative seminar.
This one-day comprehensive innkeeping seminar is presented in a logical step-by-step format. All the essential topics of finding, evaluating and buying an inn or bed and breakfast will be covered. Eliot Dalton and Marilyn Bushnell have each owned and run their own inns and have decades of experience helping buyers navigate the process of buying an independent Read More
Cost: $175 Couple $125 Single
Location: Hampton Inn Airport West – East Point GA
November 20, 2021-November 20, 2021
(10:00 AM-4:00 PM)
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