Days Inn Hotels Introduce Health Initiative

Located online at kilpatrickandhart.com, Kilpatrick and Hart offers specialty financing to companies on several continents. In one of its recent endeavors, Kilpatrick and Hart, Ltd., Inc., arranged a $56 million recapitalization and refinancing to a portfolio of Days Inn hotels in Florida.

An affiliate of the hospitality conglomerate Wyndham Hotel Group, Days Inn hotels are renowned for their economy-to-upper-midscale facilities. More than 1,800 Days Inn hotels can be found across the world, and they possess amenities such as free Wi-Fi, banquet facilities, and office centers. Moreover, each hotel is independently owned and operated as franchisees of Days Inns Worldwide.

In September 2013, Days Inn Hotels announced a health and wellness initiative that will start in early 2014. Known as the Dayfit program, this endeavor will provide health-conscious guests with superior nutritional and fitness options. The morning breakfast will be enhanced through healthier choices such as Dannon Light & Fit yogurt, Quaker Oats Oatmeal Hearty Kettle, and toppings ranging from raisins to granola. Along with better food options, Days Inn hotels is partnering with Precor to develop fitness centers with elliptical cross trainers, stability balls, and low-impact treadmills among their standard features. The company plans to introduce these offerings at nearly all of its locations in the United States and Canada.

Kilpatrick and Hart, Ltd, Inc – Commercial Funding Basics

With 25 years of experience, Kilpatrick and Hart, Ltd, Inc, has a database of more than 300 lenders, investors, and investment banking firms for its commercial funding clients. Using an eight-step process to fund projects like apartment buildings, construction loans, and vehicle wash systems, Kilpatrick and Hart works with national and international clients to secure commercial funding.

One of the first and most essential components of any commercial funding application is an effective business plan. It shows lenders that applicants are serious about whatever projects they wish to undertake. In a business plan, an applicant should include a list of objectives and a plan for achieving them. Not only does the identification of goals and objectives by an applicant demonstrate to lenders that thought has been put into future possibilities, but it also helps give lenders a benchmark by which to judge a commercial venture’s progress.

Another important component of a business plan is the funding request section. There, an applicant should include current funding requirements and projected requirements for the next five years. Additionally, the applicant should indicate any strategic financial situation plans for the next five years – for instance, a buyout or the selling of the business. Situations such as those can significantly impact the applicant’s ability to repay the loan.

The Importance of Community Service

Originally established as a business consulting firm, Kilpatrick and Hart, Ltd., Inc., developed a particular expertise at crafting loan and funding packages and arranging financing for its clients’ ventures. Headquartered in Kendall Park, New Jersey, Kilpatrick and Hart serves clientele around the world and celebrated its 25th anniversary in 2013.

Thomas Hart, the CEO of Kilpatrick & Hart, emphasizes the importance of community service and supporting local charitable endeavors. Leading by example, he serves his local church and has chaired fundraising efforts and directed ushers. He also sat on his town’s zoning and planning boards. As a homeowner in a residential subdivision, Thomas Hart served as treasurer of the homeowners’ association’s board of trustees, as well as its president. At other times during his 16 years of service to the board, he chaired its finance committee and its planning committee.

One of the most rewarding forms of community service Thomas Hart performs is as a member of Caring Hearts. These volunteers visit with patients and their families prior to open heart surgery and during recovery periods. As a member of Caring Hearts, Thomas Hart visits with hundreds of patients every year.

A Brief Overview of the Game of Golf

Kilpatrick and Hart, Ltd., Inc., has been assisting clients with funding options for their businesses since 1988. In 2012, Kilpatrick and Hart received the Best of Kendall Park Award in Financing. With this award, founder Thomas Hart and his staff were recognized for their contributions to small businesses and the local community. In his spare time, Mr. Hart actively supports several charitable organizations and enjoys playing golf.

Question #1: How did the game of golf originate?

Answer #1: The origins of golf can be traced back to chole, a game similar to hockey, in which players hit a ball with a stick until the ball reaches its goal, usually a post. The game of chole differs from golf in that players are allowed to interfere with the ball. Chole originated in Belgium and was introduced to players in Scotland in the early 1400s. After the Scottish players refined the game, they changed the name of the sport to golf. The game gained popularity in England in the mid-1500s, and made its way to the United States in the late 1780s.

Question #2: What are a few of the most common mistakes made by golfers?

Answer #2: A few common mistakes include swinging too hard, positioning the feet incorrectly, taking the eyes off the ball, and gripping the club too tightly.

Question #3: What are some things golfers can do to improve their games?

Answer #3: The most helpful thing golfers can do to improve their game is to practice, practice, practice. Golfers should also work to improve their mental discipline, as the game can be both physically and mentally taxing.

The Eight-Step Funding Process at Kilpatrick and Hart, Ltd., Inc.

Since 1988, Kilpatrick and Hart, Ltd., Inc., has assisted companies in creating business, financial, and marketing plans. The firm currently focuses on commercial funding both inside and outside the United States.

To do so, an eight-step funding process is used. The firm begins by requiring a prospective client to send in a pre-qualifier worksheet, project or executive summary, or business plan. It then reviews the funding concept, asks for any additional information needed, and creates a fact sheet to forward to potential sources of capital.

Next, Kilpatrick and Hart receives projected terms from the capital source. After the proposal is executed, the applicant receives a Letter of Interest or term sheet from the capital source, at which point the company provides the applicant with a document checklist to prepare for due diligence.

The final steps in the process include formal due diligence, a conditional commitment from the capital source, and final funding of the project. Kilpatrick and Hart, Ltd., Inc., never guarantees funding, but it does guarantee that several steps in the funding process will occur, including the issuance of a term sheet from a capital source.

Advertising and the Better Business Bureau

Kilpatrick and Hart Ltd., Inc., is a specialized financing business based in New Jersey and a strong supporter of the New Jersey Better Business Bureau (BBB). Kilpatrick and Hart Marketing Director Cheryl Rimback serves as the BBB’s vice chair, and CEO Thomas Hart serves on the BBB’s board.

Around the United States and Canada, local Better Business Bureaus strive to encourage a marketplace of fairness and integrity between buyers and sellers. By developing guidelines and best practices, evaluating businesses, supporting excellence, and denouncing untrustworthy conduct, the local BBB builds trust and encourages economic activity.

One area that the BBB examines is advertising. The national BBB maintains a code of advertising to distinguish between honest promotion and fraudulent practices. This list governs advertising techniques commonly used by businesses to sell their products. Price comparisons between time periods, businesses, the “list” price, wholesale, etc., must be substantiated. Businesses must clearly communicate when additional fees are added to the list price or to “free” items. Used, secondhand, or as-is goods must be clearly labeled as such. Regarding bait advertising, in which businesses provide one deal in the hopes that customers will come to the store and purchase other items, the business must have a reasonable stock of the originally advertised item. The business must be able to substantiate any claims of superiority, and superlative claims, like “Best Restaurant in the City,” while they may be subjective, should not be misleading.

Kilpatrick and Hart: The Initial Steps in the 8 Step Funding Process

With more than 20 years of experience, Kilpatrick and Hart, Ltd., Inc. (K&H) helps clients navigate the complex commercial loan funding process. The firm’s consulting services are backed by an extensive network of international and U.S.-based investors, lending parties, and investment banking firms.

K&H’s exhaustive “8 step process” ensures that proper protocol is followed to secure funds for business plans. Applicants initially submit a business plan, project summary, or the website-accessible loan pre-qualifier worksheet. If these initial documents generate sufficient interest from funding partners at the conceptual level, additional information is requested. K&H utilizes this information to generate a finance request summary fact sheet that enables applicants to carefully review the information provided and make necessary revisions.

Dedicated to transparency, Kilpatrick and Hart proactively works with applicants in the early stages of the loan process to help them understand the out-of-pocket pre-closing expenses that are necessary to successfully complete the financing process.

The Economic Value of Volunteer Work Presented by Kilpatrick and Hart

Dedicated to volunteer work, Kilpatrick and Hart, Ltd., Inc., is a specialized financing firm based in Trenton, New Jersey. The President of Kilpatrick and Hart has volunteered his services to hospitals, churches, and residential communities for over a decade. Here, the firm explains the dollar value of an hour of volunteer work.

Each year the Independent Sector releases an estimated hourly value in dollars for volunteer work. This number is based upon the average income for non-supervisory and production work, and is increased by 12 percent to account for benefits. Assuming all volunteers perform equal tasks, the current dollar value for an hour of time is $21.79.

However, not all volunteer tasks are equivalent. For instance, if a trained professional volunteers time in his or her specific field, such as bookkeeping, this equates to more economic value than someone who volunteers time cleaning or gardening. This becomes clearer when considering replacing volunteers with paid staff, where wages are significantly higher for specialized skills.

Ultimately, although the actual economic worth of donated time can vary from task to task, all volunteers are appreciated and considered valuable to communities and organizations.

Kilpatrick and Hart Details the Advantages of a Financial Consultant for a Small Business Owner

The plethora of funding options and Byzantine financing regulations make it more difficult than ever for a small business owner to navigate the lending process. By serving as an intermediary to lenders, financial consultants help small businesses clear many of the hurdles to project funding.

Additionally, a financial consultant has access to a wide variety of safe, prospective lenders. A financial consultant can send a small business’ proposal to an assortment of the best qualified lenders based on the business’ specific proposal and circumstances. This saves the small business time and legwork in researching lenders and applying to each one on its own. Particularly with specialty projects, for which lending options may be scarce, a financial consultant’s resources can be invaluable.

A good financial consultant will also go beyond merely acquiring a list of prospective lenders for its network. It can eliminate lending programs that may appear enticing on the surface but are too risky or otherwise inappropriate. Thus, a financial consultant can be a valuable asset for a small business seeking financing.

Kilpatrick and Hart Ltd., Inc., is registered with the Better Business Bureau and advises clients on a wide range of specialty financing projects, ranging from real estate financing to entertainment and multimedia business projects.

Ravioli: A Food for All Occasions Presented by Kilpatrick and Hart, Ltd, Inc.

Today, ravioli is a food enjoyed well beyond the borders of its Italian homeland. The popularity of this stuffed pasta creation can be attributed in large part to its limitless diversity. In Italy alone, traditional preparations include…

– Vegetarian ravioli. For Friday meals, especially during Lent, many Catholic Italians do not eat meat, and so frequently prepare ravioli with vegetables, eggs, and cheese instead.
– Seafood-stuffed ravioli. In Italy’s coastal cities, pasta stuffed with seafood is common. The accompanying sauces are typically light and lemon-based.
– Sauce-baked ravioli. While many Italians boil ravioli in broth and then serve it, others follow the boiling step by baking the pasta in a rich sauce.

What contemporary Americans might think of as “standard” ravioli—that is, pasta stuffed with meat and served with tomato sauce—is also common in Italy, although it did not become so until tomato plants were introduced to the country in the 1700s.

About Kilpatrick and Hart

Located in Hamilton, New Jersey, Kilpatrick and Hart, Ltd, Inc. enjoys proximity to many renowned Italian restaurants. In addition, Kilpatrick and Hart maintains relationships with brokers and loan originators on the international stage.