Our working capital can support the expansion of your staff, finance renovations to your existing location, and fund new locations.
Successful entrepreneurship is difficult in any industry, to be sure, but can be especially so in the hospitality industry. Changes in seasonal and economic climates greatly affect tourism and travel patterns, so the external factors you face are more impactful than in other industries. When dealing with those conditions, you simply cannot afford the expensive, time-consuming process presented by a traditional bank loan.
Obtaining a merchant cash advance, though, can be the security measure you need to remove the uncertainty those external factors bring about – and ensure that your business has a consistent trend of growth and revenue.
Imagine your hotel using working capital from FMS to:
- Purchase new or replace dated inventory (linens, bath & beauty products, food & beverage supplies, etc.)
- Increase advertising and marketing efforts
- Renovate guest rooms and/or meeting and conference venues
- Hire and train additional staff members
Contact us to learn how Funding Merchant Source can support your growth initiatives.