A worldwide chain of private boutique hotels, clubs, spas and restaurants.
To outfit their new hotels in California and Florida, the company needed financing for restaurant equipment, furniture, fixtures and improvements in the hotels.
VFI provided a credit line to pay multiple vendors. VFI financed a total of $5,000,000 in equipment financing for the two hotels.
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.