A worldwide chain of private boutique hotels, clubs, spas and restaurants.
NEED:
To outfit their new hotels in California and Florida, the company needed financing for restaurant equipment, furniture, fixtures and improvements in the hotels.
SOLUTION:
VFI provided a credit line to pay multiple vendors. VFI financed a total of $5,000,000 in equipment financing for the two hotels.
BENEFITS:
VFI was able to provide a single source of financing for not only equipment but for related expenses like build outs, labor and hotel décor as well.