“If you own or operate a hotel for any significant length of time,
you will likely have to replace some of your building’s core MEP and HVAC equipment.”
So begins an excellent article about Project Management in the hospitality industry. You can read the full article here.
The only thing that this article doesn’t mention is how to best pay for a project. That’s where a company like TEQlease comes in. We have a wide ranch of experience financing equipment related projects, including financing components that many other companies won’t, including a variety of ‘soft’ costs.
If your hotel is looking to upgrade technology or acquire any new equipment, lease financing may be the right option. Lease financing not only allows hotels to spread out the acquisition costs of the equipment, but it may also provide tax advantages, protection from obsolescence, and improved cash flow. To learn more visit us at www.teqlease.com or click here to set up a time to talk and get a no obligation lease financing consultation.
TEQlease Capital is a nationwide provider of equipment lease financing solutions across all industries. In the hospitality industry, TEQlease Hospitality Equipment Finance provides lease solutions for golf equipment, fitness equipment, restaurant equipment, telephony, media equipment, television solutions, IT infrastructure, wireless solutions and more.