Keep the bookings coming in with hotel finance from Spotcap

We offer a versatile answer to short-term commercial cashflow challenges, providing finance of up to £150k.

Apply online

Don’t waste time with unnecessary forms and meetings.

For any purpose

Flexible, controllable funding, tailored to your specific needs.

Maximise ROI

Competitive rates and charges, with no hidden costs.

Peace of mind

Your application is processed promptly, rigorously and securely.

Hotel finance to keep your business moving forward

The hotel trade is having a busy time right now, from luxury brands to the fast-growing budget hotel sector. Running a successful hotel business demands attention to detail, both in service given to customers and managing profitability.

Success also depends on keeping up with customer tastes and expectations. This means budgeting for ongoing improvement across the business, including upgrading decor, new hotel management systems and staff training.

Financing business improvements can prove a challenge, particularly given the seasonal nature of the hotel trade. Commercial loans are the solution and the ideal hotel finance has the flexibility to accommodate the variable nature of the business.

Hotel finance to keep your business moving forward

The hotel trade is having a busy time right now, from luxury brands to the fast-growing budget hotel sector. Running a successful hotel business demands attention to detail, both in service given to customers and managing profitability.

Success also depends on keeping up with customer tastes and expectations. This means budgeting for ongoing improvement across the business, including upgrading decor, new hotel management systems and staff training.

Financing business improvements can prove a challenge, particularly given the seasonal nature of the hotel trade. Commercial loans are the solution and the ideal hotel finance has the flexibility to accommodate the variable nature of the business.

How Spotcap hotel finance can work for your business

Choosing the right form of commercial finance for your hotel is vital. Each of the many different types of funding available comes with different terms, including duration of the contract, arrangement fees and early repayment penalties.

Hotel finance from Spotcap is unique, as it combines a prompt online application process with a flexible line of credit. Your application is processed by our proprietary credit analysis algorithm and our team of expert underwriters, facilitating a fast, informed decision.

Once approved, you’re given access to a line of credit from which you can choose to draw down just the funds you need. This becomes a loan repayable over 7 to 15 months, with no early repayment penalty. A Spotcap business loan is designed to be straightforward

.

How can Spotcap finance help my hotel business?

Once your loan is approved, it’s your choice how to make use of the funds. Here’s how you could apply them to your hotel business:

  • Install new furniture and facilities

    With the extra working capital of a hotel loan, you could bring in new chairs and tables or new gym equipment, upgrade your wifi or add a new bar area.

  • Upgrade your hotel management systems

    Ensure that your software systems add real value to your business by using the latest tools and technology. Making the investment can be easier with a Spotcap unsecured loan.

  • Design and run a marketing campaign

    Stand out from the competition in a busy market with positive, distinctive advertising and PR. By raising finance, you can fund the skills needed to create eye-grabbing advertising images.

  • Train your hotel staff

    The quality of service offered by your team can make a huge difference to customers’ experience and their online reviews. Spotcap finance can help you to invest in staff training.

  • Protect your cashflow out of season

    Bills still need paying, even when the hotel is quiet. It costs nothing to set up a Spotcap line of credit, making this a short-term alternative to an overdraft facility.

Business loans - what you need to know

Our loans deliver versatile finance to hotel businesses across the UK

Loan amount

We help businesses by lending amounts of between £10k and £150k.

Loan terms

A Spotcap loans starts as a line of credit. You draw down funds when you need them, subject to your overall credit limit. These withdrawals become loans, usually repayable over 7 to 15 months.

Criteria to qualify

Our basic eligibility requirements are: your business must have turnover of at least £250k, be based in the UK with a UK business bank account, and have been operating for at least 24 months.

Interest rates

Our business loan calculator can help you estimate your interest costs and monthly repayments. The rate on your loan will be calculated based on market conditions and your recent business performance.

Business loan repayment calculator

  • Amount
    £100,000
  • Time
    12 months

£9,340

Monthly Repayment

For illustrative purposes only. The example shown above is based on 1.8% average monthly interest rate and 2.0% arrangement fee. The APR is . We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly Repayment

£9,340

  • Amount
    £100,000
  • Time
    12 months
For illustrative purposes only. The example shown above is based on 1.8% average monthly interest rate and 2.0% arrangement fee. The APR is . We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to apply for hotel finance from Spotcap

signup-gradient

Sign up

We need basic personal and business information to initiate the online application process.

connect-gradient

Complete the application

To complete your application, upload your bank statements and submit your financial reports, either by uploading them or linking your accounting software.

approved-gradient

Get approval

Once approved for a business loan, it will take only one working day to get access to the funds.