Get Motel Finance the Fast and Convenient Way!
CFI Accommodation Finance are specialists in motel finance, helping motel and accommodation sector business owners meet their upgrade and refurbishment needs without depleting their hard-earned capital all at once.
In the hospitality industry, improvements, upgrades and refurbishments are crucial to the ongoing success of the business, especially as travellers expectations continue to rise. Upgrades are expensive but necessary, by utilising finance to complete these improvements, motel owners can keep their properties up-to-date whilst retaining their precious capital.
We pride ourselves on making the process fast and convenient. All you need to do is:
Find the Assets You Require
Source the required assets from any supplier throughout Australia.
Complete the Online Application
The easy online application is usually completed within 10 minutes.
Determine Which Solution You Prefer
We offer finance solutions tailored to the industry. You choose the solution to suit your business.
Sign the Contract and Receive the Goods
We’ll draw up the easy to understand contract and send it to you to sign. We’ll then make payment to your supplier, who’ll deliver the goods to you.
Funding we Provide
Accommodation Finance Australia offers funding for your motel and accommodation business upgrades, refurbishments and even entire fit-outs. We can fund serialised and non-serialised assets, and custom-made assets including:
- Bedding & Soft Furnishings
- Room Fit-outs and Refurbishment
- Bathrooms and Amenities Upgrades
- Re-sale and Change of Ownership Requirements
- Restaurant and Dining Improvements/Upgrades
- Technology and Software Upgrades
- Branding, Customisation and Signage
- Refinancing Solutions
Advantages of Choosing Motel Finance with CFI Accommodation Finance
The greatest draw to financing your accommodation equipment and fit out upgrade is the ability to retain your capital instead of spending it on the purchase of costly assets, which depreciate over time. We provide the funding you need to preserve your capital to invest in other areas such as advertising, marketing and activities to promote growth within your business.
Hoteliers can now renovate or upgrade their motel property without outlaying precious capital or having to seek financing from a bank, which is a long and difficult process. Accommodation Finance Australia aims to eliminate barriers to accessing finance, by cutting down the lengthy approval process, with approval in as soon as 24 hours.
As well as this, to work with the busy schedules of hoteliers seeking finance, our application process is fully online and can be completed within just 10 minutes. If you have any questions, we also offer 24 hour customer service, 7 days a week.
CFI Accommodation Finance offers competitive rates and manageable weekly repayments. Our contracts have flexible terms ranging from just 12 months, as well as end of term options to suit your unique situation. Applicants can choose one of our industry tailored finance solutions, some of which allow the weekly repayments to be claimed as an operating expense of the business, making them 100% tax deductible.
CFI Accommodation Finance Versus Traditional Banks
Motel and accommodation business owners can avoid all the frustrations associated with financing from more traditional lenders, and access the finance needed without undergoing a lengthy approval process.
CFI Accommodation Finance can fund any assets relevant to your business, whether serialised or non-serialised, as well as custom built assets. You simple source the assets from an Australian supplier, supply the invoices, and we will pay them directly.
With manageable, low weekly payments you can fund entire fit-outs and refurbishments or upgrades, with repayment terms ranging from 1 to 5 years.
Banks are have strict lending requirements when it comes to small business funding, and this has only escalated due to the Banking Royal Commission. This can be difficult for small business owners who seek the flexibility to finance smaller amounts on more favourable terms.
Opting to finance with an alternative lender such as CFI Accommodation Finance means that motel owners can retain their capital, and utilise equipment and fit out finance to fund their refurbishments and upgrades throughout the life of their business.
Whatever your motel finance needs, we have a solution to suit you, call and speak to us today.