Accommodation and Food Services Financing

The food services and hospitality industry depends on reliable access to working capital. See how The Business Backer can help find that for your business.

Amount:

$20,000 – $350,000

Term:

1 – 4 Years

Amount:

Up to $200,000

Payment Options:

Daily, Weekly or Semi-Monthly Payments

Amount:

$5,000 – $150,000

Term:

1 – 3 Years

Amount:

85% – 95% of Invoice Value

Actual offers vary based on your application information and lender.

What Can Business Financing Do for Your Business?

Most if not all small businesses in the restaurant and hospitality industry require outside funding from time to time. The reasons for funding can vary, but financing can help with the following types of expenses:

Equipment or Inventory Financing

Keeping your equipment and furniture in shape and up-to-date can be vital to businesses in the service industry.

Remodeling and Expansion

Improving the size or appearance of your restaurant or hotel is an essential part of business operations.

Hiring Staff

Business demands can occasionally necessitate the growth of your staff. Restaurant financing and hotel financing can provide the working capital you need.

Who Can Use This Type of Financing?

Any licensed and registered business may be eligible for various of forms of business funding. For businesses in accommodation and food services, hotel financing and restaurant financing can be best for the following types of businesses:

Hotels

Restaurants

Bars & Nightclubs

Catering Services

What Does The Business Backer Offer?

Since 2007, The Business Backer has been helping businesses obtain the financing they need. In addition to the funding options we offer, our True Relationship NetworkTM allows us to connect businesses with other lending sources when ours aren’t as good of a fit. We’re all about helping you find the best funding for your business. Rather than just submitting an application to see what you’re eligible for, our dedicated Funding Advisors work directly with you to understand your business’s specific needs and make sure you’re paired with the funding source that’s best for you.