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An asset-secured term loan provides a structured repayment plan, with security usually taken over business assets such as equipment or a charge over assets. It is commonly suitable for established hotels, with lenders often expecting around 1 to 2+ years of trading history. Typical loan sizes can range from about £10,000 to £150,000, and terms are often 36 to 84 months, depending on the security position. Indicative pricing for secured SME lending is frequently around ~7% to 18% APR, with the final rate confirmed after underwriting. Decisions are commonly ~1 to 3 weeks once documents are complete.

Where the lender can take security over a property or leasehold interest, a property or leasehold secured term loan may be available. This route can suit hotels needing funds for larger renovation and expansion plans. It is typically used when the legal position for enforcing security is clear and the occupancy and income evidence is strong. Amounts can often start around £20,000 and extend to £500,000+, with lending terms commonly 60 to 180 months where property backing is available. Indicative rates are often ~5.5% to 14% APR. Decision times are frequently ~2 to 6 weeks due to valuation and legal due diligence.

Some lenders support hotel working capital through invoice or receivables secured lending. Eligibility typically depends on being able to provide evidence of consistent invoicing and sales patterns, including where applicable debtor records for invoiced income. Security may be taken over assets and/or through fixed charges, and personal guarantees are commonly expected for SMEs. Typical amounts can be around £15,000 to £250,000, with terms often 12 to 48 months depending on how receivables are evidenced and monitored. Indicative rates for secured working-capital solutions are often ~8% to 20% APR. Decisions are commonly ~1 to 4 weeks once trading and receivables evidence is provided, noting that monitored structures may take longer to onboard.