Funding for Hospitality Industry

Up to $2,000,000 of Business Funding for Hospitality

how much do you need?

$

Interested in hospitality industry funding?

100% TRANSPARENT FUNDING UP TO $2,000,000

funding for hospitality industry

Hotels, motels, lodges, or short-term rentals, we have experience in Hospitality Industry Funding.

The irony of how owning and operating a business in the hospitality industry is far from a vacation is not lost on us here at Fundkite. As if keeping up with cleanliness, modern amenities, overall service, and safety and security weren’t enough, technological advancements and increasing marketing competition make the need for additional working capital more vital and beneficial than ever before. With funding for hospitality industry from a trusted partner like Fundkite, business owners can provide their guests with satisfying experience from start to end and leave glowing, 5-star reviews.

Fundkite’s experienced underwriting team makes our application process incredibly fast, and our boutique financing allows our staff to develop an offer tailored to your business’s unique needs and growth goals. Most importantly, we believe in 100% transparency. Our experienced staff will walk you through every detail of your funding offer and answer any questions you may have. So take a look at what Fundkite can offer you and secure hospitality industry funding today.

CURRENT TRENDS

“Bleisure” is the new term for business and leisure travel styles exhibited by the millennial generation. Millennials may take fewer vacations, but when they travel for business, they turn it into a mini-vacation. Make sure your hospitality business model is adapted to this new wave of traveling. If you need capital to do this, funding for hospitality industry from Fundkite can help.

TECHNOLOGY

With a tech-centric generation becoming the new ideal demographic, having an app platform is a must. Apps can easily process data, utilize unused rooms, guest correspondences, streamline staff communication, and create a personalized experience.

MARKETING

Having a basic website is no longer enough, it must be optimized for both computer and mobile devices. Additionally, implementing a marketing strategy for seasonal peaks and large events is also a major revenue source that is well worth the investment. Hospitality industry funding can help you cover the costs for this expense.

marketing tips

to help hospitality industry professionals succeed

1. Create a Loyalty Program

Your guests want to feel like there’s a discount for them somewhere down the line, and creating a loyalty program is the best way to do this for them. Not only will this keep customers loyal to your business, but it will also make them want to visit you even more than they already do. If this cuts a little bit into your bottom line at first, remember, alternative funding for hospitality industry from FundKite can help with these costs.

3. Social Media is King

Marketing with social media is the premier way to advertise your business in today’s market. There are a ton of agencies out there who can help you develop a social media strategy for the coming quarter. The only catch is that this is not cheap. Fortunately, hospitality industry funding from a trusted partner can help mitigate some of these costs and assist in developing a professional social media marketing strategy.

2. Train Employees in Marketing Strategies

Your employees are one of the first and last people your customers will come into contact with at your establishment, so make sure they are well-trained in marketing. Without giving them too much information, employees should understand the goals of your business with respect to marketing and be able to implement those on a daily basis. This is part of running your hospitality business like a well-oiled machine.

4. Partner with Neighborhood Businesses

You’re part of a community of like-minded entrepreneurs, why not take advantage of that? Start by getting to know business owners in your area and see how you can partner up to help each other. If there’s a restaurant or bar down the street, tell them you’ll advertise their happy hour specials in your lobby if they recommend your hotel. Finding a trusted network of business owners to work within your area can be instrumental in marketing your business.

how to grow with your hospitality industry Funding

– Our Handpicked Tips for Growth

Expand through Renovation

Let’s face facts. Your business can’t grow if it stays the same size physically. There are only so many rooms available and only so many guests can stay with you per night. Renovating or adding an addition to your business can help grow your clientele base immediately. Often hospitality industry owners don’t realize how much under-utilized space they have, so hire a professional to see if this is the case. The costs of this can be covered with funding for hospitality industry from Fundkite.

Offer Rewards for Referrals

If your loyal customers love your customer service and amenities, why wouldn’t they want to recommend your business to their friends and relatives? Provide some incentives for them doing so, and you could see your profits grow exponentially. This will also help create a sense of community at your establishment. If your loyal customers’ friends are vacationing at your business every season, then they’re more likely to return again and again.

Improve Your SEO Game

Hospitality industry funding from an alternative funder like Fundkite can help get you on to the front page of Google results. The best way to do this is to make sure that your search engine optimization (SEO) game is up to snuff, and you can do this by hiring a professional company who will work with you to up your internet profile. Don’t skimp on hiring someone for this job. A little money up front could bring in some big dividends down the line.

100% Transparency

Our alternative funding will provide you with working capital that considers your business’s particular financial requirements and goals. Our experienced staff takes transparency very seriously and will provide you with direct answers to any questions you may have.  Our Revenue Purchase Agreement is straightforward with funding amount and fees found easily on the first page.

Easy to Qualify

Our in-house underwriters are passionate about getting you the funds you need to grow your business. That’s why we don’t look at your credit score alone, we consider more comprehensive aspects of your business which reflect on the health of your operations. Our staff is passionate about helping your business succeed—the last thing we want is to impede your progress.

PROMPT FUNDING

We understand how timing is everything when it comes to acquiring capital for your business. Receiving the funds you need three months from now might be too late. That’s why FundKite prides ourselves in putting cash into your hands as quickly as possible. Qualified applicants can receive funding in as soon as 24 hours.

We back small businesses

Here at Fundkite, we believe that small businesses are the lifeblood of every community across this country. Our passion for helping entrepreneurs succeed is what motivates us to get out of bed every morning, and the joy we receive from watching our funding partners succeed is immeasurable. Let Fundkite back your business today and make sure that you have a leg up on the competition.

Hospitality Industry Funding Options

From $100,000 to $2,000,000

TRUSTED BY

SMALL BUSINESS OWNERS

SINCE 2015