Small Business Loan: Accommodation & Food Services

Total Loan: $1,000,000

Monthly Turnover: $5,000,000

Purpose: Venue Acquisition and Expansion

 

Comments:

Working Capital allowed an established hospitality enterprise in the Accommodation and Food Services industry to fuel its growth ambitions.

With a 23-year track record and multiple venues, the client relied on a swift $1 million loan with an 18th month term, reaching approval within 7 days.

This funding ensured smooth cash flow during a new venue acquisition and expansion plans, allowing the business to concentrate on generating revenue and servicing their expansion initiatives.  

 

Why Xpress Business Loans?

We understand business owners are passionate about their business which is why we look beyond just ticking boxes.

All our lender partners have an open-minded approach to credit and when assessing applications look for ways to approve deals, not decline them.

For more details and to apply click here  

 

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