Hotel alternative finance methods from Liquid Finance
Running a hotel or B&B is a competitive market, and to stand out from the crowd and achieve business success owners must ensure their guests are happy. With our finance for small businesses options from Liquid Finance, you can aim to avoid bad reviews by investing in your company. Our hotel alternative finance funds are available for whatever use you feel is needed – whether you want to spend the merchant cash advance on hiring extra staff, investing in quality bedding, refurbishing your premises, or advertising online, Liquid Finance offers the flexible finance for small businesses to make it possible.
How alternative finance options are helping hotels and B&Bs
Running a hotel or B&B comes with its own particular risks and pitfalls; the seasonal nature of the work, changes in the minimum wage, the highly competitive nature of the online hotel market and much more. However total annual visits to the UK from overseas have risen from just below 25m in 2003 to over 35m in 2016, meaning there is plenty of opportunity for hotels and B&Bs in the UK. Using a cash advance from Liquid Finance instead of a typical bank loan gives you more freedom over how you invest in and improve your hotel or B&B, keeping your business truly yours with a repayment system that is fair and flexible.