Asset Finance for the Tourism, Hospitality and Leisure Industries

For entrepreneurs in the bustling tourism, hospitality, and leisure sectors of the North of England, managing a thriving business is an all-encompassing endeavour. The desire to enhance your hotel accommodations, modernize your culinary haven, or revitalize your bar space is undoubtedly present, yet the daunting task of securing the right financial backing can seem like an insurmountable challenge - we can support you.

At H&H Asset Finance, we recognize the numerous demands that accompany running a business in these vibrant industries.

Our mission is clear: to provide unwavering support tailored to your unique needs and financial scope. We understand that your aspirations extend beyond profit margins – you seek to enhance, diversify, and expand your ventures, contributing not only to your own success but to the vitality of the local community.

Our offerings encompass an array of comprehensive financial solutions designed to bolster your enterprise. Whether your focus is on furnishing your hotel or restaurant with elegant fixtures, updating your kitchen with top-of-the-line cookers and ice makers, or ensuring impeccable hygiene standards with state-of-the-art dish and bottle washers, H&H Asset Finance has you covered.

Beyond the realm of furnishings and equipment, we also cater to providing finance for the digital demands of the modern age. From EPOS systems that streamline transactions to advanced CCTV and security equipment that safeguard your guests, we understand the interconnectedness of technology and hospitality.

Elevating your business involves more than aesthetics; it encompasses sustainability. As the world strives for carbon neutrality, we stand by your side, offering financial solutions for your renewable energy aspirations. Whether you envision a greener path with LED lighting, solar panels that harness the sun's energy, or heat pumps that efficiently warm your spaces, we are your trusted partner.

What sets H&H Asset Finance apart is our commitment to your success from inception. Reach out to us at the outset of your project, and our seasoned experts will guide you toward the optimal financial strategy. We understand that your investments are more than transactions – they are investments in the customer experience, catalysts for growth, and building blocks for a prosperous future.

H&H Asset Finance works in partnership with the North’s leading finance specialists Mulberry Asset Finance who have developed strong and trusted relationships with the leading UK and European Finance Companies. Together we can arrange a tailor-made financial package to suit your needs.

Supporting local businesses in the North of England isn't just a tagline; it's our passion and purpose. With H&H Asset Finance by your side, your aspirations become attainable realities, breathing life into your vision and invigorating the heart of your community.

Get in touch today to discuss your finance options

Whatever your asset finance requirement, talk to us in the first instance to arrange a chat either at your business premises or at our offices.

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FAQ's

1. What can I buy using Asset Finance?

Almost anything can be purchased with asset finance including:

Hotel and restaurant furnishings, fixtures and fittings
Cookers, grills and ice makers
Dish and bottle washers
Refrigeration and counter display units
EPOS, CCTV and security equipment
Computer equipment and telephone / alarm systems
Mezzanine flooring and shopfittings
Care home equipment

2. What types of finance is available?

Hire Purchase, Finance Lease, Unsecured Loans

3. How much can I borrow, at what rates and over what period?

Minimum advance tends to be £10,000 with no upper limit, depending on the financial strength of the business. Rates vary again depending on credit rating but are very competitive. Periods tend to range from two to seven years.

4. What does re-finance mean?

Unlocking the value of your owned assets to improve your cashflow. Funders will tend to lend you up to 80% of a forced sale value of the asset.