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Veritas Financial Provides $2.8M Term Loan to Limited Service Hotel

Friday June 14th, 2013 - 10:06AM

BOCA RATON, FL—Vertias Financial Partners, LLC, has closed a $2.8 million term loan to Limited Service Hotel and Restaurant.

The term loan is in support of the hotel’s change in ownership and brand conversion. The Veritas credit facility helped the investor group to meet the deadline to complete the acquisition as well as provide the necessary liquidity to convert the Limited Service Hotel and Restaurant into a national brand.