Hospitality Financing Services
The hospitality industry is fast paced. There’s no time to wait for payment when there are new jobs to secure. Selling invoices gets you the cash you need to maintain momentum.
Hospitality businesses face unique financial challenges. As a service-focused organization, labor costs are a significant portion of your expenses. Hospitality business owners must manage many employees, from front-of-house and back-of-house staff to managers and chefs. You’re also on the hook for the weekly payroll, food inventory, and routine maintenance. And if that wasn’t enough, you must also manage large and expensive equipment, such as ovens, refrigerators, and restaurant kitchens that can drain your capital and prevent you from pursuing other ambitions.
You need quick access to working capital to meet your daily needs. Round Table Financial offers cash flow solutions to help you serve customers, prepare meals, run events, and manage inventory more efficiently. We know many hotels, restaurants, and event venues may not have the same creditworthiness as larger companies and chains, so we’ve created an invoice financing program with no minimum factoring requirement. No matter your size or experience, we’re there to highlight a quick and direct path to working capital.
With Round Table Financial’s invoice factoring services, you can quickly get the funds you need with no minimum factoring requirement. We purchase your unpaid invoices at a discounted rate and provide you with capital. You can use this capital for day-to-day operations, as well as for projects, capital expenditures, or other initiatives that create value and drive growth.
Soon after you connect with one of our project managers, you will no longer wait for weeks and months for customer payments. You gain the flexibility to manage your cash flow and take your establishment to the next level. And if you ever need to increase your limit or explore new financing options, we’re happy to oblige. Our team scales with your growth. Long-term relationships are our goal. We want to be there through your growth.
Assigning event hosts and hostesses to a new opportunity can be stressful when you haven’t been paid for the last job. Say goodbye to 30, 60, and 90-day waits for payment. Round Table Financial purchases invoices and releases working capital to you within 48 hours.
Round Table Financial is a cash-flow solution provider supporting businesses nationwide with accessible working capital. We provide long-term partnerships, scaling to you as your team and needs grow.
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