Hotel Finance Solutions with Acorn.finance:
Purchase or refinance your perfect hospitality business.
Unlocking the Potential with the right hotel financing:
A Comprehensive Guide To Hotel loans.
Securing the right finance for your hotel can be challenging. At Acorn.finance, we specialise in providing tailored hotel finance solutions to meet your unique needs. Whether you are purchasing, refinancing, or expanding your hotel, our expert team is here to help you navigate the complexities of commercial mortgages and secure the best funding options available.
The right hotel finance solution for you!
For hospitality professionals, first time buyers or existing owners getting the best hotel financing deal is complex. Hotel loan options are complex and potentially confusing, indeed we’ve even seen borrowers from the big banks with hotel financing products not suited to their businesses.
Acquiring and managing a hotel can be an amazing business opportunity, but it also comes with its own set of risks and rewards. In this guide, we’ll explore the process of buying a trading hotel, how you work with Acorn.finance to raise finance, assess the business and move forward with confidence.
What is different about hotel finance?
Hotel finance refers to the various funding options available to hotel owners and investors. This can include commercial mortgages, refurbishment loans, and bridging loans, among others. The right financing can help you purchase new properties, renovate existing ones, or manage cash flow effectively.
Why Choose Acorn.finance for Hotel Finance?
Expertise in Hotel Financing
Our team has unparalleled experience in the hospitality sector, understanding the unique challenges and opportunities that hotel businesses face. We leverage this expertise to find the best financial solutions for your specific needs.
Tailored Hospitality Financial Solutions
We know that every hotel is different. That’s why we offer bespoke hotel finance packages designed to meet your individual requirements, whether you need to purchase a new hotel, refinance an existing loan, or fund renovations.
The FUNDED System
At Acorn.finance, we follow our exclusive FUNDED system, which ensures a thorough and personalized approach to securing your finance:
- Facts – the figures and financials
- Understanding your business needs & long terms goals beyond this funding round.
- Negotiating the best terms with lenders and other professionals.
- Detailed Proposals and agreements with hotel finance lenders.
- Expertise in Lending Criteria – getting agreement from the right hotel funding partners, faster.
- Delivering your hotel funding – when you need it.
Types of Hotel Finance We Offer
Commercial Mortgages
Secure long-term financing to purchase or refinance hotel properties. We work with a wide range of lenders to find the best rates and terms.
Refurbishment Loans
Finance your hotel renovations and improvements to enhance guest experience and increase revenue. Our refurbishment loans are flexible and tailored to your project’s scope.
Bridging Loans
Get short-term financing to bridge the gap between buying a new property and selling an existing one. Bridging loans provide the flexibility you need to seize new opportunities quickly.
Development Finance
For larger projects, our development finance options can help you from the ground up, covering everything from land acquisition to construction costs.
Unsecured Business Loans
Where less funding is required an unsecured loan, a merchant cash advance or asset finance can be much less costly to set up and can draw down in a few days if required.
Our Hotel Funding Process
We make securing hotel finance straightforward and stress-free:
- Initial Consultation: Discuss your needs and goals with our experts.
- Financial Assessment: We analyse your financial situation and the feasibility of your project.
- Funding Options: Presenting the best financing options tailored to your requirements.
- Application Support: Assisting you with the application process to ensure success.
- Ongoing Support: We provide continuous support to help manage your finance effectively.
Hotel Finance Success Stories
We have helped numerous hotel owners and investors achieve their financial goals. Here are some of our success stories:
Acorn.finance helped us secure the funding we needed to purchase our two hotels. Their expertise and support were invaluable throughout the process.
Lesley D., Hotel Owner
Thanks to Acorn.finance, we were able to refinance our existing loan and fund a major refurbishment project. Our hotel is now more profitable than ever.
Sarah L., Hotel Investor
Hotel funding FAQs
I’m a first time buyer, can I get a hotel mortgage?
Yes you can, but it’s going to be a little more difficult! We’ll be looking for all the positives we can in your application to make the hotel mortgage lender more confident about your chances of success. So if you have transferrable skills, a good financial background and the hotel is already profitable, that will all help.
I’m buying a hotel which has closed down, can I get a loan?
Most of the hotel mortgage lenders will be looking at how you will meet the monthly repayments. If there’s no way to prove this then a bridging loan could give you the time to build the trade and then refinance the hotel onto a mortgage after a year or two.
Can Acorn.finance only finance hotels in the UK?
No – many of our lenders will lend into Europe and beyond for the right project. At the moment we have a minimum loan size of €1m but if your transaction is close to this then get in touch and our team will negotiate with funders to find a solution.
Contact Us
Ready to take the next step? Contact us today to discuss your hotel finance needs and find out how we can help you achieve your goals.
Email: info@acorn.finance
Phone: 0808 164 2364
Or fill out our contact form and one of our experts will get back to you shortly.
Get Started with Hotel Finance Today
Don’t let financial hurdles stand in the way of your hotel’s success. Partner with Acorn.finance for expert guidance and tailored solutions. Get started today.