Motel and Hotel Equipment Financing

motel and hotel equipment financing usa

There are many things to think about when deciding to look for motel and hotel equipment financing. It does not matter whether you are new to the hospitality industry or whether you are simply choosing to revitalize your outdated furniture, shuttle vans, phone systems or soft goods, you will want to choose items that will reflect both styles as well as comfort while also being durable.

Some of the things you might need to get financing for include

  • Furniture
  • Electronics
  • Washers and Dryers
  • Bathroom fixtures
  • Fixtures
  • Soft Goods
  • Phone Systems
  • Shuttle Vans
  • Luggage and Housekeeping Carts
  • POS Systems
  • Door Lock and Security Systems

Furniture

You may find that picking out furniture will be the easiest part of this venture, especially if you plan to go with the same styles and colors for each room. You will want to know, in advance, how many rooms you need furniture for, how many rooms are single and double occupancy and whether or not you will want the same size beds in each.

For instance, for each single occupancy room, you will want one bed, usually a full size, one to two short dresses, one to two bedside tables, one to two chairs, and a table or desk for writing (optional).

Electronics

Finding the right electronics for your rooms should also be an easy chore. Each room will need one cable ready television, one telephone and either a wall clock or alarm clock.

If your rooms are equipped with kitchenettes or something similar, you can also add coffee pots, mini refrigerators or microwaves into this category as well, noting that each room will need only one of each or any combination you choose.

Washer and Dryer

These necessities are often overlooked, but just as important as anything else you will have in your hotel or motel. Making sure you have clean, comfortable linens, towels, curtains and more is one way to make sure that your guests are satisfied with the cleanliness of your establishment. Nothing will turn a guest away from your hotel quite like sheets or bedding that has stains on them.

The kinds of washers and dryers you choose will be very important as well. Choosing an economy model or a used appliance can cut costs, to begin with, but may need to be replaced more often. Choosing a higher end piece will more than likely mean that you will have a warranty in place and the chance that it will last a lot longer than something cheaper or used.

Bathroom Fixtures

These items most likely will not need replacing very often unless you are choosing to upgrade to more efficient appliances for water or energy consumption such as water heaters, toilets or shower heads. These days, upgrading to energy and water efficient fixtures can sometimes garner you special tax incentives as well as saving you money that can add up annually.

Soft Goods

Most often the department replaces items like bed sheets, blankets, pillowcases, curtains, towels, washcloths and cloth napkins. A good washer and dryer can often increase the lifespan of these items, as can the detergent you wash them in.

Phone Systems

An essential aspect of any hotel is the phone system. You want your guests to be able to not only make and receive phone calls when they need to, but you also want them to be able to contact the front desk as well. They are also necessary if you are to provide wake-up calls or a message service.

Shuttle Vans

Not every hotel or motel will have a shuttle van or other carrier service. If you are in a major city, however, especially within driving distance of an airport, this would certainly be an ideal service to offer. Not only could it produce extra revenue, it could also put your hotel above the competition, meaning even more extra profit.

Luggage and Housekeeping Carts

Luggage carts are a much-appreciated bonus for many customers who might have more luggage than they are comfortable carrying in by hand. Having the ability to load it all up onto a handy cart for transport to their room could mean the difference between whether or not they return to your establishment.

Employees use housekeeping carts for transporting soiled linens to the laundry room and clean linens back to guest’s rooms and need replacing when they are no longer functioning properly.

POS System

If you are running on a budget or just choose to go with older technology, any regular cash register terminal will suffice. However, more updated POS systems can make life much easier on you, especially if you choose the touchscreen variety. Along with the cash register, you also want to be sure you have a credit card machine. These days, travelers want to choose their preferred method of payment. You also cannot forget that you will need a way to print receipts for your customers as well if your terminal or cash register doesn’t already do this for you.

Door Locks and System Security

More than likely, you will have a door lock system that includes key cards, and these won’t likely need replacing very often. Keeping them serviced will prolong the life of the system and is probably something you will want to have scheduled on a regular basis.

Your security system will consist of a variety of items, depending on how secure you want your facility. Some choose to allow only key card entry from certain doors such as ones that come in from the rear of the hotel, and to certain areas within the hotel itself such as the pool area.

Contact First Capital for Hotel Equipment Financing

If you’re looking to get motel or hotel equipment financing for your business, contact First Capital Business Financing today! Call us now at 888-565-6692 or pre-qualify online for your loan. 

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Motel and Hotel Equipment Financing | First Capital Business Finance, USA



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