Posted On: 05/21/2013 8:03:05 AM
Post# of 29851
ASAE
ASAP International Arranges FF&E Financing For Hotel Renovation
LOS ANGELES, May 21, 2013 /PRNewswire/ -- ASAP Expo dba ASAP International Holdings (OTCQB: ASAE) today announced that the company has arranged renovation financing for a Southern California hotel.
There are only a few specialized financing companies in the niche for supporting hotels' furniture, fixtures and equipment needs which are difficult to find. The financing source is a direct hospitality lending and advisory platform based in Atlanta, GA. The company serves qualified franchisees of major hotel brands and independent boutique hotels throughout the United States and Canada. The execution is reliable and catered to our clients' specific requirements.
Frank Yuan, CEO of ASAP International stated, "although the lending and credit markets have loosened up recently, reasonable financing costs for specialized purposes such as FF&E, Product Improvement Plans ('PIP") that do not include refinancing or purchases is still difficult to find. We are happy to provide difficult financing solutions to help our clients grow their hotel cash flow."
About ASAP International Holdings
ASAP is a holding company that operates real estate, investment banking and consulting for Chinese companies. Our mission is to be the bridge between China and the Western world. Our Real Estate division assists with institutional and high net-worth individuals with acquisition advisory and asset management. In past few years, ASAP has consulted its clients with the successful acquisitions of LA Downtown Marriott, Sheraton Universal, Disneyland Holiday Inn, Anaheim Embassy Suites by Hilton, San Pedro DoubleTree by Hilton – Port of Los Angles.
Corporate website www.asapholdings.com
With the exception of historical information, the matters discussed in this news release include "forward-looking statements" within the meaning of the federal securities laws that are qualified by cautionary statements herein and in all company's filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.
Contact:
Jerome Yuan
E: Jerome@asapsholdings.com
T: 213 625 1200
SOURCE ASAP International Holdings
Copyright 2013 PR Newswire
ASAP International Arranges FF&E Financing For Hotel Renovation
LOS ANGELES, May 21, 2013 /PRNewswire/ -- ASAP Expo dba ASAP International Holdings (OTCQB: ASAE) today announced that the company has arranged renovation financing for a Southern California hotel.
There are only a few specialized financing companies in the niche for supporting hotels' furniture, fixtures and equipment needs which are difficult to find. The financing source is a direct hospitality lending and advisory platform based in Atlanta, GA. The company serves qualified franchisees of major hotel brands and independent boutique hotels throughout the United States and Canada. The execution is reliable and catered to our clients' specific requirements.
Frank Yuan, CEO of ASAP International stated, "although the lending and credit markets have loosened up recently, reasonable financing costs for specialized purposes such as FF&E, Product Improvement Plans ('PIP") that do not include refinancing or purchases is still difficult to find. We are happy to provide difficult financing solutions to help our clients grow their hotel cash flow."
About ASAP International Holdings
ASAP is a holding company that operates real estate, investment banking and consulting for Chinese companies. Our mission is to be the bridge between China and the Western world. Our Real Estate division assists with institutional and high net-worth individuals with acquisition advisory and asset management. In past few years, ASAP has consulted its clients with the successful acquisitions of LA Downtown Marriott, Sheraton Universal, Disneyland Holiday Inn, Anaheim Embassy Suites by Hilton, San Pedro DoubleTree by Hilton – Port of Los Angles.
Corporate website www.asapholdings.com
With the exception of historical information, the matters discussed in this news release include "forward-looking statements" within the meaning of the federal securities laws that are qualified by cautionary statements herein and in all company's filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.
Contact:
Jerome Yuan
E: Jerome@asapsholdings.com
T: 213 625 1200
SOURCE ASAP International Holdings
Copyright 2013 PR Newswire
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