COVID-19 Update – Onyx Funding remains active through these challenging times. We can help with any scenario.

Hotels & Hospitality

About Hotel and Hospitality Loans

Hotels and hospitality businesses require financing for many reasons – opening a new location, renovating an existing property, expanding operations, and many more.

Hospitality loans are products that are designed for businesses such as hotels, motels, bed and breakfasts, inns, and hostels. 

As these businesses typically have multiple streams of income, traditional bank loans fail to account for the additional revenue. 

A loan program with an underwriting process that accounts for the additional income is much better suited for businesses within the hospitality industry.

Types of Loan

For those who need to finance short-term operational needs.

Great for special projects and extra operational necessities.

For those purchasing or refinancing a property.

If you’re expanding or building a new property, a construction loan may be the loan program that fits your needs.

Features and Benefits

We strive to provide you with aggressive market rates.

Keep repayment options manageable by choosing the right set of terms for your business.

We begin working on your loan as soon as you apply.

Every lending option presented to you is catered to your specific needs and requirements.

FAQs

Loans specific to hospitality businesses are great for borrowers for many reasons including, purchasing a business, expand their existing business, grow operations, building a new hotel.

The possibilities are endless, but you are going to need a loan program that is tailored to the complexities found within the hospitality industry.

Getting started is simple. 

Apply now, or contact us and we can begin the process of setting up your funding options and your dashboard!

Submit Online Inquiry

Please complete the short form below and we’ll get back to you shortly.

Secure the Funding You Need

Onyx Funding strives to become your primary financing source. We can cover all your financing needs across all property types and real estate investment strategies. Onyx Funding will find the best financing solutions for your deals under a clear and straightforward execution.

Let us help your business grow!

Please complete the short form below and we’ll get back to you shortly.