Business Loans for Hospitality Industry - Quick cash for flourishing Hospitality Business

The Australian and New Zealand Standard Industrial Classification (ANZSIC) categorises the Hospitality sector as encompassing businesses that provide accommodation, food and beverages such as cafes, restaurants and takeaway food services; pubs, taverns and bars; hotels, motels and other accommodation and hospitality clubs. This sector has been growing steadily with growth attributed to factors such as a growing ‘foodie’ culture, the popularity among many individuals to owning a hospitality business, population growth and an increase in consumer demand.

During your business re-establishment, you’re likely to need a substantial cash injection to buy new equipment, update the decor, buy new stock or perhaps even set up everything from scratch. That’s where you probably need fast access to funds. Many traditional lenders have long processes that can take days, or even weeks, to complete. But lenders that have a focus on the needs of businesses, like Capify, make it easy to apply with rapid approvals and funds in your account in quick time. As the first Australia lender to offer unsecured loans to small business, having started offering these loans over ten years ago, Capify understands what small businesses need.

At Capify, we understand our customers so instead of monthly payments, our Small Business Loan has a fixed, daily or weekly repayment schedule allowing you to manage your business finances and budget more effectively.