Getting financing for your hotel, motel or inn may not always be so simple. For owners that have not exhausted opportunities to capitalize on their propertiesí equity a mortgage may be an available option, but for business owners in need of alternative financing, a business cash advance can provide fast financing without the hassles of a traditional bank loan.
Some hotel/motel business owners may consider a bank loan to finance their business. Bank loans typically require business plans, good credit and a long history of business operations. Banks loans take time and are not always easy for merchants in the hospitality industry with over 90% of applicants being rejected for unsecured loan products.
Merchant cash advances create a unique opportunity for businesses in need of fast unsecured financing. Cash advances donít require collateral and merchants with bad credit can still be approved. Financing and payback is based on future credit card sales, working with your businessís cash flow rather than against it.
Business cash advance funding for you hotel/motel can assist in financing expansion, renovations, business equipment, stock, payroll or anything else. Hotels or motels that process more than $2500/month in credit card sales can benefit from a business cash advance. Donít wait for the banks to turn you down!
Apply for a business cash advance online.
Alternatively call Toll Free 1-888-878-6250 (1-888-UpTo-250K) and be approved in as little as 24 hours!