^Get Your £550k Hotel Business Loan Today

A secured hotel term loan is typically available to established hotels with real revenue history and an acceptable credit profile from the business and key directors. Lenders focus on affordability based on projected cash flows, and they commonly assess the security position, which can support larger borrowing tickets. Typical amounts can sit around £150k to £2m, and terms often range from 24 to 120 months. Decision time is commonly 2 to 6 weeks where submissions are complete.

For an unsecured or part-unsecured term loan, lenders may accept limited or no property security. Eligibility typically still requires trading history and creditworthiness checks, plus evidence that monthly repayments can be met even during quieter periods. Typical borrowing amounts are often in the £50k to £500k range, with £550k potentially possible depending on the strength of trading, group structure and whether any partial security is provided. Terms are commonly 12 to 60 months, and decisions are often 1 to 4 weeks for straightforward cases.

An asset-backed hotel equipment loan (term) ties funding to identifiable assets like commercial kitchen equipment, laundry systems or refurb-related plant. You typically provide an asset schedule, supplier quotations and evidence of how the assets will support revenue or cost reduction. Typical amounts are often around £100k to £1m, with £550k feasible where the asset plan supports it. Terms usually run 24 to 72 months. Decision times are commonly 2 to 5 weeks, depending on how quickly documentation is provided and whether verification is required.