Tourism is growing once more after an uncomfortable downward turn for everyone in the hotel market. Hotel funding was attacked hard by the economic crisis. Owners of motels, inns and hotels have actually had a more challenging time securing industrial bank loans than many other industries.
High operation costs make access to funding important to the success of a hotel. Combined with pressure to continuously evolve and upgrade services, hotels are perfect candidates for funding with a Merchant Cash advance.
Consider your Future Sales as property. Unlike a bank loan, with a hotel cash advance, your future credit card sales and bank transactions can be leveraged to secure hundreds of thousands of dollars in funding. How You Spend the Advance is Up to You.
The appeal of a hotel cash advance is that you can use the cash you receive in any area of your business. Below are a few examples of how hotels have actually put those funds to great use:
