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 and financed a total of $5 million 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.
