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Like all hotel owners, you know that there are certain things you need to do to keep customers coming through the door and booking your rooms. Renovation, new stock, and new staff can be expensive, however, and a gap in funds can stand in the way of new business and more profits.

Raise between £3,500 and £500,000

Capify has been pivotal in helping hotel and hospitality businesses, and other SMEs in the service sector, to vastly improve their offerings with flexible small business loans. Previous clients have developed their services to expand into health clubs and spas, restaurants and so have entered new, profitable markets their competitors haven’t. A small business loan has allowed them to renovate, and even improve their star ratings, which has been key to booking up more and more of their rooms throughout the year.

You could raise between £3,500 and £500,000, or 75% of your average monthly takings for your hotel. If your monthly takings were £20,000, for example, you would be able to raise £15,000. The criteria for acceptance are straightforward too. You should be approved for a Capify small business loan if you have been operating for a minimum of 9 months, are a limited company, and £7,000 of revenue is processed through your business bank account on a monthly basis.

You can get a quote and an approval within 60 seconds on the Capify website, and then our team will process your application. Our team of small business loan advisors will be able to process your application as quickly and smoothly as possible, plus they’ll guide you through the process so you’re informed at every stage. Capify operates in three countries, so we’re available on the phone at any time of day. Plus, our existing happy customers have given us a 5 star rating for excellent customer service. When it comes to repayments, you’ll only pay small, daily amounts, and this will be over a period of 5 to 12 months, making this small business loan a great option for hotel owners who want to spread the cost.

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