Hotels are unique businesses and they vary significantly from the small guest house to the large national chains.
Hotel funding is a specialist area of funding arranged by Sterling Capital Reserve Ltd, a well established and well respected Commercial Finance Brokerage. Our specialist Commercial Finance Brokers have extensive experience in arranging loans, mortgages, bridging loans in respect of all manner of guest houses and hotels. We not only fund the Hotel building, but we can also arrange finance for the contents. From the Kitchen equipment, to EPOS, and even furniture. We have access to a wide choice of lenders and are able to secure the best deal for you.
Hotel Finance with competitive interest rates can be arranged for new purchases or refinances.
A restaurant is a specialist business and restaurants vary significantly from the small bistros to the large national franchised chains.
We have extensive experience in arranging loans, mortgages, bridging loans in respect of all manner of restaurants, cafes, bistros and take aways. We can arrange finance for new purchases or refinances. and have access to a wide choice of lenders and are able to secure the best deal for you.
Restaurants can obtain Commercial Mortgages, secured on the freehold premises, for a number of different reasons:
Restaurant Finance (with competitive rates) of up to 70% of the value of the property, 100% with additional security can be obtained.
We not only find you funding for the Restaurant building, but we can also arrange finance for the contents, from the Kitchen equipment; ovens, fridges, washers, furniture to New or Upgrading EPOS systems, we will source the right deal to match your circumstances.
Merchant Finance is a form of unsecured finance supplied specifically to businesses such as restaurants where a large proportion of revenue comes from customers paying on credit cards.
How Merchant Finance Can Help
This is actually a discounting facility, where you are simply selling future income, today at a pre agreed rate. The lender is not a bank, there is no interest, no bank managers and no hidden fees.
The payback period is not fixed because it's based on your actual Visa/MasterCard receipts. More will be paid back when takings are high, less when takings are low.
You can use the money for anything: Refurbishment, Advertising, Debt Arrears, Reduce Excess Overdraft, New Acquisition.
There are criteria you have to meet to qualify for this form of finance.