Sam Arnold / AICG Obtain $30 Million Loan for Beijing Hotel Expansion

Sam Arnold / AICG have secured funding of $30 million to expand a four-star hotel in the eastern section of Beijing’s central business district and to begin construction of luxury hotel at another location.
By: AICG
 
Nov. 18, 2009 - PRLog -- Sam Arnold and the American Independent Capital Group, Inc (AICG) have recently obtained a loan of $30 million designated for the Beijing Hong Yu Ming Hotel in the eastern central business district of Beijing.  This is a rapidly growing area and the Hong Yu Ming plans to use the capital to expand their current four-star hotel and initiate preliminary work on the construction of a new luxury hotel at another location.

Sam Arnold / AICG were able to secure the loan using sources in the United States.  The present hotel building will serve as collateral for the loan.  The length of the project, from contract signing to funding, took five months.

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ABOUT: AMERICAN INDEPENDENT CAPITAL GROUP, INC.

Sam Arnold / American Independent Capital Group (AICG) provides linkage between enterprises seeking capital and investors. With twenty-five years of experience in the financial services industry, AICG has a deep understanding of the needs of both investors and companies seeking an infusion of capital.

AICG has offices in Panama and the People’s Republic of China.

AICG also has the capability of providing a number of financial and business related services. AICG business consultants can conduct feasibility studies and market research, develop marketing strategies, and prepare comprehensive business plans.
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Source:AICG
Email:***@aicg.biz Email Verified
Zip:100102
Tags:Aicg, Sam Arnold, Hotel, Expansion, 4 Star, Beijing, Cbd
Industry:Financial, Travel, Services
Location:Beijing - Beijing - China
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