Original Funding Insights

Hospitality Small Business Loans

Written by Mayava Lending News | Nov 1, 2015 1:00:00 PM

In the world of hospitality, presentation is everything.

Whether you’re in the hotel, catering, restaurant or bar industry, it’s safe to say that your first priority is your customers’ experience. When creating an innovating and unique environment, you focus your efforts on breathtaking décor, up-to-date renovations, on-trend technology and an outstanding staff. You need modern working equipment, and you have to move fast in case an emergency arises and you need new supplies quickly.

Because in the people business, it’s crucial to always be in full working order.

In the hospitality business, a number of situations call for financing. Perhaps the sub-zero freezer no longer keeps food frozen. You need fast cash to replace it. Maybe you need to replace your bedding, or begin offering complimentary Wi-Fi to your customers, or perhaps you’ve noticed that you need a fresh paint job and updated furniture. Whatever the reason, you’ll need to take control over these situations and get to work. Because in a market as large and competitive as the hospitality realm, having the best business means having the right tools in place – on time and all the time.

And in order to have the best business, you need the capital to get you there.

Most hospitality businesses have come to depend on alternative small business loans for capital. Where bank loans are difficult to obtain, with a drawn out and restrictive approval process that makes you jump through hoops, alternative lenders are more flexible, able to take on businesses that banks may not approve, and can get you the money fast with terms that make sense. Via alternative lending, you will be able to obtain funds through a small business loan, merchant cash advance or you can opt to combine any outstanding debt that you have into business loan consolidation, bringing down your interest rate and allowing you to take control of your finances.

At Original Funding, we connect you with our preferred and trusted alternative lenders and merchant cash advance specialists to take your companies to the next level. Through a fast and easy application process, straightforward terms and flexible financing options, Original Funding takes the headache out of blindly comparing multiple lending companies (and running your credit multiple times) and leaves you with the time you need to do what you do best: to impress – and indulge – your loyal customers.

Don’t let a lack of cash deter you from taking your hotel or restaurant to the next level.

Let Original Funding provide you with the customer experience you work so hard to give others.

 

LOAN OPTIONS

Original Funding Service Features

  • Safe and Secure Application Process
  • Reduced Number of Credit Checks
  • Flexible Term Options
  • Consultative Approach
  • Loans from $25,000 to $2,000,000

 

Original Funding Service Requirements

  • Minimum of One Year in Business (No Start-Ups)
  • Applicant Must Own 50% or More of the Business
  • Credit Score Between 550 and 850
  • Minimum of $20,000 in Monthly Revenue