Funding for Hotels & Hospitality
The property itself supports asset-based lending, term loans up to $5M cover renovations on multi-year schedules, and a line of credit smooths payroll through shoulder seasons.
A hotel earns in seasons and spends in lump sums. The high months carry the year, the shoulder months test your payroll discipline, and somewhere in the calendar sits a renovation you cannot postpone — a franchisor's property improvement plan, a roof, a chiller, rooms that are starting to cost you reviews. OTA bookings fill the house but take their commission and their time paying out. Banks can take a season just to say maybe. Broadway moves at a different pace: one short form, three months of bank statements, soft credit pull, same-day decision, and funding in as little as 24 hours when the property cannot wait.
The challenge
Occupancy swings with the seasons, but the property's needs do not: renovations, brand standards, roofs, and HVAC come due on their own schedule, usually a six-figure one.
How Broadway Advance helps
The property itself supports asset-based lending, term loans up to $5M cover renovations on multi-year schedules, and a line of credit smooths payroll through shoulder seasons.
What owners use it for
- Fund renovations and franchise PIP compliance
- Replace FF&E — furniture, fixtures, and equipment
- Carry payroll through shoulder and off seasons
- Repair or replace HVAC, roofing, and elevators
- Borrow against the property for larger projects
- Upgrade booking, POS, and property management systems
See your real number in about five minutes.
Apply nowFunding options that fit hotels & hospitality
Term Loan
The lowest rates and longest terms, with predictable monthly payments.
Up to $5,000,000 →Asset-Based Lending
Turn real estate, inventory, equipment, or credit into working capital.
Based on asset value →Business Line of Credit
A revolving cash reserve you only pay for when you draw on it.
Flexible limits →Hotels & Hospitality funding questions
Can I borrow against the hotel property without refinancing the mortgage?
Often, yes. Asset-based lending can be structured against the equity in real estate — along with equipment and receivables — without touching your existing first mortgage. For a property with real equity, that usually means more capital at better pricing than unsecured options. It takes more documentation than an advance, so if part of the need is urgent, we can pair fast funding now with the larger facility behind it. We broker across 25+ funders and structure to fit.
My franchisor gave me a PIP deadline — how fast can renovation money move?
Faster than the bank that has been studying your file for a quarter. A decision comes the same day you apply; an advance can fund in as little as 24 hours to mobilize contractors, and a term loan up to $5M on 3, 5, or 7-year terms can carry the full renovation at lower rates. Many owners use exactly that combination — speed now, cheaper money behind it. Bring the PIP scope and three months of bank statements and we will structure around the deadline.
Our revenue is heavily seasonal — does that sink an application?
No. Seasonality is the nature of hospitality and underwriters who fund hotels know it. Three months of bank statements showing your real pattern is the starting point, and product choice does the rest: a line of credit you draw only in shoulder months, or an advance whose remittance tracks revenue, lighter when occupancy dips. The honest advice is to borrow against the season ahead, not the one you just missed — and we will tell you if the timing is wrong.