If you require finance to start a new hotel, expand an existing chain or let out to a hotel operator, Magni Finance can help.
There are many lenders who offer hotel finance ranging from high street banks to specialist commercial lenders. In addition, pension funds and insurance companies are eager to find hotel opportunities as they provide sound and long term returns, especially those in prime locations.
Banks will be assessing the individuals experience in running a hotel, the hotel trading accounts, the location and the value of the property.
Hotel finance is one of the most complicated in the commercial sector. With the emergence of Airbnb, hotels face more competition than ever but demand for hotels is still very strong across the UK and London in particular where occupancy levels are above 80%.
Magni Finance are able to assist with hotel finance starting at £1 million with no limits. Whether you are inexperienced or run a chain of hotels, our expert advisors will be able to find you the best rates on the market.