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Hospitality Lending at Univest

As temperatures start to rise, thoughts turn to spending time at the shore. Maybe you’ve already made hotel reservations and are daydreaming about your favorite restaurant. For us lucky individuals who get to work out of Univest’s Ocean City location, we start to hear from some long lost colleagues about setting up time to “visit” us during the summer (usually on a Friday). Since the Ocean City lending team has spent our entire careers at the New Jersey shore, we have been exposed to an abundance of hospitality lending which encompasses hotels, restaurant and bars.

Currently, the hospitality industry accounts…

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