Hotels and lodging companies sometimes rely on traditional bank loans for US Business Funding. However, non-traditional lending solutions are oftentimes a better alternative. They are made available by qualified lenders such as Alternative Funding Group — the most trusted funds provider for hotels in the United States.
In order for your hotel or lodging company to qualify for funding, it needs to be at least one year old. It should have annual revenues of $90,000 or more. Alternatively, it can have revenues of $7,500 per month over the last three months.
Alternative Funding Group has helped Hotels and Lodging companies across the United States secure capital easily and in the fastest time frame possible. Our knowledgeable consultants, flexible terms, and low interest rates have helped secure our position as the most trusted business funds provider in the United States.
In order to be eligible for funding, your hotel / lodging company must have a physical presence in one of the 48 contiguous states. This does not include Hawaii or Alaska.
If all required documents are verified and satisfactory, funds will be dispersed in as little as 24 – 48 hours! However, if additional documents are requested, it may take up to 5 business days. Any delay in the sending in of additional documents can add to this time frame.
To qualify for an advance, your business needs to be atleast a year old. You should have revenues of $90,000 annually or $7,500 per month over the last three months.
When it comes to these type of loans, I thought they were the best. I continue to have a good relationship with them. I would highly recommend them for those folks with less than perfect credit. and to those who needs funding for their Hotel and Lodging business. Thanks AFG!
do business with these people they are the best you will see. Thank you ALTERNATIVE FUNDING.
Alternative Funding helped my partner and I get our business started. They were pretty quick to furnish the funds needed for my Hotel and Lodging business followed their agreement pretty much to the letter. We sure appreciated their help.
The seasonal nature of your business might affect your eligibility for a traditional loan, but many alternative financing options are available, and some of them are perfect for businesses that thrive seasonally. A working capital loan is a great option if your business is short on capital for daily operations and other short-term commitments. Other funding solutions are also available. Alternative Funding Group has funded hotel and lodging businesses across the United States, and we understand how seasonal businesses operate. Our simple application process only requires a properly filled application and your business’s last three monthly bank statements.
One of the advantages that alternative funding products have over traditional loans is that the terms and conditions do not preclude the well-being of seasonal businesses. A working capital loan and/or other alternative funding solutions can be used for renovations and repairs, and your business does not have to suffer for it. As long as your business meets our requirements, funding for renovations and repairs can occur in as little as 24 – 48 hours. We only ask for a completed online application and your business’s bank statements for the last three months.
*Due to differing bank policies, it can take several business days before your funds are available.
