Hotels And Motels Financing: Merchant Cash Advance

In some areas of the country, tourism is down and that translates into lower tax revenues from hotels and motels for city and county governments. Oswego County, in New York State reports that its tax revenues collected from hotels and motels in the last quarter of 2008 was off by more than 10%. First and second quarter revenues were down significantly from that. If you’re looking for hotels and motels financing to pay taxes or make improvements, and the state of the economy has eliminated your chance for a bank loan, consider a merchant cash advance as a way to get the hotels and motels financing you need for your small business.

A merchant cash advance is ideal for hotels and motels financing, and it’s an alternative that a small business can afford. A merchant cash advance isn’t a bank loan. Rapid Capital Funding will purchase a portion of your future credit card transactions for cash. You get the cash you need up front to pay bills, make improvements or do whatever you need to do.

A small portion of each credit card transaction is used to repay your merchant cash advance. The rest of the transaction cash comes back to you. You get the money you need up front, and you still get most of the cash from each transaction when they occur. This arrangement is perfect for businesses that process a high volume of credit card transactions.

A small business like a hotel or motel needs all the help it can get in these tough economic times. Contact Rapid Capital Funding today and find out how your small business can get the hotels and motels financing it needs through a merchant cash advance.

Photo Credit: Alfonso Surroca, via Flickr

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