Finance for Start-Up Leisure & Hospitality Businesses
With the right foresight, a high-end leisure centre or thriving hospitality spot can support local communities and attract wider audiences. And with flexible funding, your vision can become a reality by spreading the cost using fixed, monthly repayments.
If you’re purchasing equipment and furniture, carrying out renovations, or launching a marketing campaign, the right finance solution can make opening so much easier. You can get your venture up and running and money coming in without the large initial outlay.
Finance for the Leisure & Hospitality Industry
Setting up a leisure or hospitality facility, such as a hotel, gym franchise, family entertainment centre, or amusement attraction, involves a lot of expenditure. Origin has access to a panel of over 120 lenders, many of whom are industry specialists.
Origin provides asset finance for new and used equipment through to full fit-outs, and business loans to cover legal fees, rent deposits, stock, and franchise fees. We can assist with any requirement of £10,000 upwards.
Are high upfront costs stunting your start-up’s growth? Distributing payments over a period of time could help significantly – explore our funding options today.
How Does Leisure & Hospitality Finance Work?
Leisure and hospitality finance covers many products such as hire purchase, finance lease, business loans, and merchant cash advance. Origin allows you to counter the ever-increasing cost of equipment, fit-outs, and stock, by offering funding solutions spread over a period of up to seven years, comprising fixed monthly repayments.
Many of our lenders are specialists in funding the leisure and hospitality sector, so they understand seasonality and market fluctuations. Your dedicated account manager will match you with a lender whose terms and repayments suit your circumstances.
Leisure & Hospitality Finance Key Points
Leisure and hospitality finance spreads the cost of equipment, fit-outs, and stock with fixed monthly repayments.
Seasonal payments allow you to pay more in your busy months and less in your quieter months, helping your cashflow.
A deposit is not required, and you can make overpayments or settle at any stage.
Origin are a finance broker, and will pair you with the most suitable lender on our panel.
For asset finance, the lender will make payment to any supplier(s) of your choice and the equipment can be new or used.
For business loans and merchant cash advance, funds are paid directly into your bank account for you to utilise in the best way.
Leisure and hospitality funding can be spread over a period of up to seven years.
Leisure & Hospitality Finance FAQs
Can Origin cover the entire cost of leisure & hospitality needs?
Can you get finance for start-up leisure & hospitality businesses?
How do I know whether I’m eligible for leisure or hospitality finance?
How do loans work for leisure & hospitality businesses?
How does equipment finance for leisure & hospitality businesses work?
What different finance solutions does Origin offer?
What type of finance is best for the leisure & hospitality sector?
Finance for Start-Ups
What start-up businesses can Origin help?
We've worked with start-up businesses of all shapes and sizes, across a wide range of sectors.
