Tourism is growing once more after an uncomfortable lull 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 numerous other trades.
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.