Hospitality Lending in Dallas

The short answer

Hospitality lending in Dallas covers the money a restaurant, bar, hotel or venue needs between spending and being paid: staff before a busy season, a remodel before reopening, equipment that has failed mid-service. At Texas Biz Funding you apply once, online, in about five minutes. We fund from $25,000 to $5,000,000, consider owners with a FICO score of 500 or above, and look at about three months of bank statements instead of tax returns.

Why Dallas hospitality has uneven cash flow

Dallas hospitality runs on events: convention weeks, Cowboys and Mavericks nights, State Fair of Texas season, holiday parties. Between peaks, covers fall while rent, payroll and food cost do not. A payment that follows sales is easier to carry than a fixed one.

Which product fits

• Working capital: a lump sum for stock, a remodel or a slow stretch.
• Line of credit: a standing limit for payroll swings.
• Revenue-based financing: repayment that flexes with sales.
• Equipment financing: ovens, walk-ins, POS and bar equipment.

Before you accept

1. Find the total repayment in dollars.
2. Check how payments are collected and when.
3. Look for any fees in the offer.
4. Test the payment against your slowest month.

A worked example

For illustration only: a Deep Ellum bar books a run of weekend private events and needs to add staff and stock three weeks ahead of the deposits clearing. A short-term lump sum or line of credit bridges the gap, and the event revenue repays it. If the bar loses money in a normal month, more capital will not fix that.

Related

More for Dallas: Dallas business funding and Dallas restaurant funding. Also Texas tourism and hospitality loans.