Hospitality Financing: Business Loans for Restaurants, Hotels and Motels
Getting proper financing for your hospitality business can be the difference between success and failure. Between unpredictable demand and seasonal cycles, your revenue and expenses can shift dramatically over the course of a year. With financing from the right partner, you have the opportunity to scale to meet demand and keep things moving when business is light.
How Accommodation & Food Services Financing Can Help Your Business
There can be a cyclical nature to working in accommodation and food services, yet your business still has to maintain a staff and keep the lights on. An expansion opportunity may offer long-term growth, but it takes working capital to get things started. Accommodation financing and restaurant financing can help you ride out any slow periods and seize new opportunities.
You can expand an existing store or open new locations. Financing can help you cover the costs of new space, the equipment and staff you’ll need.
If corporate gives you the chance to add another store, financing can help pay for your upfront costs of buying and promoting the new facility.
Food & staffing
Use financing to pay your employees and vendors when business is slow.
Headway Capital Business Line of Credit
Headway Capital offers a true line of credit with no hidden fees for accommodation and food service businesses, helping them fulfill any business financing needs. You can borrow the amount you need (up to your credit limit) when you need it, building your business at your own pace.
Business line of credit
12, 18 or 24 months
No Hidden Fees
See our Rates & Terms for details
Weekly or monthly
Clear payment terms, interest does not compound, no penalty for early payoff
Why Choose Headway Capital?
We See the Big Picture
We look beyond your credit score in evaluating your business.
Borrow what you need, when you need it, and pay it back according to your own schedule.
Make multiple draws (up to your credit limit) and only pay interest on what you borrow each time.
Upfront rates and no hidden fees mean you’ll always know what you’ll owe.
1We always do a soft inquiry unless your credit file is restricted, in which case we would ask you to contact the credit bureau to lift the restriction. Doing so may result in a hard pull.