We specialise in sourcing unsecured loans for hotels in Portsmouth who leasehold or have no collateral. Get in touch today to see how we can help.
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Running a hotel is difficult enough, we help make things as easy as possible by handling the application process, meaning there’s no need for extensive phone calls or confusing jargon.
With an unsecured business loan there’s no need to list your assets as security, meaning leasehold businesses or clients with little to no collateral can get the funding they need quickly.
Finance for Hotels Portsmouth
We have access to a wide range of lenders who offer finance for hotels in Portsmouth and the rest of the UK. Whether you need to launch a marketing campaign or purchase new equipment to grow your business, we can get you the funds you need and find a loan repayment schedule that works for you.
No collateral is required, and lenders will not take equity or a shareholding in your business.
Unsecured loans
Hassle free finance for hotels Portsmouth
Unsecured loans for businesses are a safe source of finance as they don’t require you to list your assets such as your car or property as security for the loan. This mean you can get funding at a far lower risk than a traditional secured loan.
Instead they use your credit score and business history to asses your eligibility, the trade off for this is that the interest rate is usually higher.
Start your application today or get in touch for more advice on Finance for Hotels Portsmouth
From £50,000 to
£50,000
Maximum loan advance
In order to be eligible for an unsecured loan:
1
Your hotel must have been operational for at least four months
2
It must have an excellent personal and business credit history
3
Your hotel must be registered in the UK
4
Your hotel must have an annual turnover of at least £10,000
5
In some cases, you may be required to have a personal guarantor. If your business cannot repay the loan, your guarantor will be required to pay back the remaining balance
In addition to the above, you will be required to provide:
Proof of identity – Business verification documents – Bank statements
Other Business We Help
We provide finance for hotels across Portsmouth and the rest of the UK. We also offer funding to all businesses across a range of many other sectors.
Get in touch today for a chat and see how we can help you.
Leisure
Pubs
Cocktail Bars
Members Clubs
Entertainment
Cinemas & Theatres
Activities Venues
Night Clubs
Fast Food
Fish & Chips
Pizza, Kebab, Vegan
Chinese, Indian, Thai