Simple all in one fees, lower than any major franchise.
While most major brands charge an average of 15% of total revenue with complex additional charges and corporate renovations, Magnuson offers one simple 5% of gross fee.
One simple low cost fee includes CRS central reservations system, GDS/OTA Internet reservation system, 24/7 personal revenue management services, all reservation fees, brand marketing and property level brand design. Plus, your brand compliance guarantees additional 15% fee rebates 2X yearly.
Magnuson Hotels are bank-approved brands
In the past 24 months, nearly $1.5 Billion in loans have been issued to hotels converting from older-franchise-style chains such as Holiday Inn, Ramada, Best Western, Comfort Inn, Super 8 and Days Inn. Bankers have found that no other brand can increase cash flow and liquidity faster, or at lower cost.
Magnuson Hotels is certified by the US Franchise Registry, the national listing of brands approved by the US Small Business Administration (SBA). Hotel projects that utilize SBA approved brands receive a streamlined process and faster financing approvals, cutting months off the typical loan process.
As many local and regional lenders are nervous to make loans in an unstable economy and often unfamiliar with national hotel brand franchising contracts, the SBA franchise certification helps secure loan guarantees with the SBA. Under this plan, SBA guarantees 75% – 85% of the loan, which lowers risk to banks, increasing willingness to provide hotel loans based upon registered brands.
Access up to $1.5 Million in renovation funds now.
Borrowing money for renovation or expansion has never been faster or easier. Ascentium Capital has provided over $5 billion in financing for small to mid-sized businesses nationwide.
- Financing available from $5,000 and up
- One-page credit application
- Same-day credit approval
- 100% financing
- 24-72 month terms
As well as central purchasing savings via Magnuson endorsed vendors.