Business cash advances for a hotel is an alternative finance solution that offers hoteliers a different option to business finance. Maybe your hotel was turned away from banks or other lenders. Possibly because you or your business has failed to meet their strict requirements for a bank loan for a hotel business. Business Cash Advance is flexible and much more easily accessible. Hotel funding can be raised in a matter of days with cash advances of £5,000 – £200,000. You hotel business needs to have a minimum of £5,000 a month in debit and credit card payments. If your hotel needs funding then a business cash advance for hotels maybe the prefect fit!
Hotel or bed & breakfast business loans
Our hotel business alternative loan product is an ideal solution for any hotel business that is seasonally dependant or has fluctuating cash-flow. Hotels and Bed & Breakfast guest houses work perfect with a business cash advance. This is due to the repayments are always entirely in sync with your hotel businesses monthly performance.
A business cash advance is an unsecured injection of working capital into your hotel business this is based on future credit and debit card sales. It’s repaid via a pre-agreed percentage of about 7% per every future card transaction.
Hotel financing with cash advances
PDQ Funding can help finance your Hotel or Bed & Breakfast Guest House with a cash advance. Business Cash Advances are quick and easy to apply for. We have supported hotels and guess houses with cash advances each year year for a number of purposes including:
- Soft furnishings and furniture
- Refurbishment and repairs
- Staff hiring & training
- Promoting your latest events
- Upgrading rooms and carrying out repairs
- Purchasing stock, drinks, food, crockery and glassware
- Immediate cash flow
Business Cash Advance for a hotel is an alternative to a bank loan
Unlike traditional bank loans which have fixed monthly payments, a business cash advance repayments are directly linked to your hotel card takings. The repayment of the advance only happens when the business makes a card sale. Cash advances are unsecured meaning your home is safe as no personal guarantees are required.
- Application takes minutes for £5,000 -£200,000
- You pay back only when you make a sale – there are no fixed monthly payments
- 100% of your cash income is safe
- One clear cost per transaction
- No hidden fees, charges or penalties.
Over 80% of businesses are approved for a business cash advance loans no credit check. The application process is simple and easy to complete with minimal paperwork and no accounts required.
Get hotel funding now
The process is quick and easy to get hotel funding in place. Simply complete the online application to get started and we will do the rest.