Hotels And Motels Financing: Help For Small Business

According to a new AP-Gfk poll, fewer Americans will hit the road this summer on vacation. Finances weigh heavily on the minds of many would-be travelers, and one-third of poll respondents say that they’ve already cancelled at least one trip due to financial concerns. Of those respondents who still plan to travel, two-thirds say they will visit another state. While this is good news for hotel and motel operators, banks may not see it this way. Hotels and motels financing may be harder to come by as both business and leisure travelers cut down on the number of overnight trips they plan.

Many hotel and motel operators qualify as small business, even if they operate under a franchise name. For hotel and motel operators who need cash to make improvements, repairs or pay bills, a merchant cash advance may be the best way to secure immediate financing.

With a merchant cash advance from Rapid Capital Funding, you can get the hotels and motels financing you need in a matter of hours. Compare that to applying for a loan from a bank. You might wait weeks for a decision, only to be turned down.

Why go through that hassle when Rapid Capital Funding will purchase a portion of your Visa and MasterCard credit and debit transactions. As each transaction is processed, a portion of the sale goes to repay your merchant cash advance and the rest comes back to you. You still get the money you need to run your business, and you get the money you need to make improvements, pay bills or expand.

There’s no monthly repayment commitment either, so when business is slow, you don’t need to worry about being caught short on cash. Contact Rapid Capital Funding today and find out how to collect your future credit card transactions today!

Photo Credit: Roadside Pictures, via Flickr

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