Financing

 

HOTELSERV offers to arrange an overall financing solution throughout the entire project volume.

 

The HOTELSERV financing opportunities – from a traditional lease agreement through to modern operating lease models – are always individually tailored to the needs of the hotel. For example, this can include instalments that are adjusted on a seasonal basis or agreements with a technology refresh option, which guarantees that HOTELSERV hardware in the hotel room will always be up-to-date.

The financing proposals by HOTELSERV’s financing partners have already been subjected to the significant test procedures described below.

 

Selection of the Financing Partner

HOTELSERV works closely with different financing partners. We will be happy to arrange an appropriate contact for you or broker financing proposals for you directly.

 

If you already have a trusted partner at hand, we will also present HOTELSERV to him in detail and will be able to discuss the options in a round-table meeting (the hotelier, financing partner, HOTELSERV).

 

Credit check and testing process documentation.

In a standardised testing process, the financing partner will first make a decision in principle as to whether it will support the HOTELSERV project.

• If the evaluation is positive, a financing proposal will be submitted.
• In case of a negative evaluation, any further framework parameters that are to be met will be stated. For this purpose, the financing partners will request further documents that are mandatory for the investigation.
  

The following standard documents are required for a credit check:

• the HOTELSERV data collection form for preparation of the financing proposal
• annual financial statements of the leasing party for the past two fiscal years
• the economic evaluation of the leasing party with lists of sums and balance lists for the current fiscal year
• a credit investigation company authorisation from the shareholder or managing director of the leasing party (form attached as annex)
• in case of membership of a corporation, group, or chain: organisation chart

Involvement of the financing partner in the early stages of the project

HOTELSERV recommends that the desired financing partners be involved in the planned project at the earliest possible stage in order to gain the following advantages in the credit investigation:

• In case of a negative decision, all participants will still have sufficient time to develop possible alternatives, if necessary, also with other financing partners, which make a successful implementation of the HOTELSERV project possible.
• In case of a positive decision, if required, higher investments may also be assumed after testing or alternative leasing versions (extended durations, seasonal instalments etc).

Confidentiality

In principle, you will be able to decide for yourself from which HOTELSERV financing partners a financing proposal is requested. You can decide on one partner here, or obtain a comparison of offers from several providers.

The HOTELSERV data collection form will help you to enter all the information necessary for a credit check in one place. In this way, you can inform us among other things of the official leasing party and the desired duration.

HOTELSERV is aware of the sensitivity of business data and therefore offers either to pass on your documentation to the financing partners that you have selected or to put you into direct contact with the HOTELSERV financing partner.

HOTELSERV itself will not view your documentation at all!

 

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