Your business is to take people on adventures, our business is to help you get them there. When you are in the business of travel and hospitality, you are less in the business of places and more so in the business of people. Their comfort, safety and convenience are your key concerns. In hospitality there are various expenses such as staff costs, food and beverages and utilities that need regular maintenance.
The travel and hospitality cash advance is the ideal finance opportunity to stay on top of your expenses. We are aware that tourism sees a major peak during the year end holidays and majority of your income is achieved during this time. Considering this, you could take advantage of our option of split processing which allows you to pay off your funding through different methods and in a varying amount that is convenient for you.
Opportunities to grow your business, with a Merchant Capital Cash AdvanceTraining staff: Ensure that you staff is well equipped to handle any customer you may have. Regular training sessions are valuable in maintaining an experience for your customer that is both of high quality and consistent across the staff members.
The holiday season: In South Africa the major school holidays and Christmas holidays fall in Summertime. During this time, we see an influx of holiday makers travelling down to the coast to destinations like Cape Town, Plettenberg Bay and Durban. In many cases, the tourism during this time can increase anywhere between 150% to 300% as seen in previous years. This trend is a yearly occurrence and therefore easy to predict and prepare for.
How hard is it to get Travel & Hospitality Business financing? If you're a business owner who's looking for a cash advance on your Travel & Hospitality Business, you've probably found that banks and other traditional lenders won't work with you. We understand your frustration with the banking system, and we can help.
Merchant Capital provides cash advances for Travel & Hospitality Businesses. Our experienced underwriting team will perform a thorough analysis of your operation to determine if you qualify for funding. We offer fast approvals and low rates. Contact Merchant Capital today to learn more about our services!