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Last updated on Feb 1, 2023
3 min read

Golf Course Loans and Financing Options

Commercial real estate loans for golf courses include SBA 7(a) and SBA 504 loans, bridge loans, and other financing options. Non-SBA loans typically start at $1 million and offer up to 75% LTV/LTC.

Better Financing Starts with More Options Start Your Application and Unlock the Power of Choice. Click Here to Get Quotes →$1.2M offered by a Bank at 6.0%$2M offered by an Agency at 5.6%$1M offered by a Credit Union at 5.1%Click Here to Get Quotes
In this article:
  1. Golf Course Loan Terms
  2. SBA Loans for Golf Courses
  3. Bridge Loans for Golf Courses
  4. Get a Free Golf Course Property Loan Quote Today
  5. Get Financing

When it comes to relaxing on the weekend, there's simply nothing like going to your local golf course for a few rounds. But golf isn't just a hobby: It's also a big business. In 2021, golf courses in the U.S. generated upwards of $25 billion in revenue and employed more than 300,000 people, making them an essential part of the American economy. So, if you need property financing for your golf course, Commercial Real Estate Loans is ready and waiting to help. We provide financing for: 

  • Private, semiprivate, and public golf courses

  • Miniature golf courses

  • Driving ranges

Golf Course Loan Terms

In general, our golf course loan terms include: 

  • Loan Size: $1 million or higher

  • Loan Purpose: Loan can be used for property acquisition or refinancing, but cannot be used for business-only financing

  • Loan Term: 3, 5, 7 and 10-year fixed-rate terms

  • Amortization: 15, 20, 25 and 30-year options

  • Leverage: 55% to 75% LTV allowance

  • DSCR: 1.50 minimum DSCR

  • Credit Score Requirement: 660 minimum

SBA Loans for Golf Courses

While privately insured loans are often the most popular form of financing for golf course owners, some may find that SBA 7(a) or SBA 504 loans could be a better fit. Unlike privately insured loans, SBA loans allow golf course operators to buy equipment and fund working capital. As a result, these loans are a lot more versatile for business owners who need more than just property to jumpstart business growth. 

While SBA financing offers many benefits, these loans can have stricter requirements in terms of borrower credit scores and the golf course’s overall financial situation. While the 7(a) and 504 loans have some important differences, we can generally consider for-profit public golf courses with a history of profitability for SBA loans for either.

Bridge Loans for Golf Courses

For golf courses that may not qualify for permanent financing, a bridge loan may be the ideal solution — especially for courses that are looking to undergo a speedy rehabilitation process. In some situations, this is done in order to add value to a golf course property before an intended sale. In other cases, it's more of a stopgap while transitioning to permanent financing. Our bridge loans typically offer terms including: 

  • Loan Size: $1 million+

  • Term: 12 to 24 months.

  • Leverage: Up to 75% LTC

  • Amortization: Interest only

  • Recourse: Nonrecourse options available

  • Rates From 4.75%

  • Prepayment: Usually none

  • Fees: From 2% of the loan amount

Get a Free Golf Course Property Loan Quote Today

Looking for a quote for your golf course property, or any other commercial real estate? Just put your details in the form below. We'll get back to you right away with the best financing options out there.

In this article:
  1. Golf Course Loan Terms
  2. SBA Loans for Golf Courses
  3. Bridge Loans for Golf Courses
  4. Get a Free Golf Course Property Loan Quote Today
  5. Get Financing

Getting commercial property financing should be easy.⁠ Now it is.

Click below for a free, no obligation quote and to learn more about your loan options.

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Commercial Real Estate Loans is a Janover company. Please visit some of our family of sites at: Multifamily Loans, Multifamily Today, Commercial Real Estate Loans, SBA7a Loans, CMBS Loans, Apartment Loans, HUD Loans, HUD 221d4 Loan, HUD 232 Loan, HUD 223f Loan, HUD 223a7 Loan, SBA Express Loans, SBA 504 Loans, and OpportunityZones Help.

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