Should I use a loan or asset finance for a refurbishment?

Often, a combination is best. Use asset finance for the tangible items (beds, kitchen equipment, air conditioning) to keep costs low, and an unsecured loan to cover the soft costs like painting, plastering, and general labour.

How quickly can I get a refurbishment loan?

Unsecured business loans and standard asset finance can often be approved and paid out within a few working days. Complex refinancing or secured development loans will take several weeks.

Can I get funding if the hotel will be closed during works?

Yes. If the works require a temporary closure, we can structure the finance with initial interest-only periods or deferred payments so you are not pressured by high repayments while generating zero revenue.

Do I need to own the property to get a refurbishment loan?

No. If you lease the hotel, you can still access unsecured business loans, asset finance for the equipment, and merchant cash advances, provided you have a strong trading history and sufficient time remaining on your lease.

Hotel Refurbishment Loans

Finance your hotel refurbishment

Name: Sorbus Finance
Address: Sunny Bank, 12 Albion Road, Chesterfield, Derbyshire, S40 1LJ, GB
Telephone: +441246383500

Whether you are upgrading a block of bedrooms, redesigning the reception, or undertaking a complete property modernization, we arrange fast, flexible refurbishment loans and asset finance to keep your hotel competitive.

Speak to an Adviser Hotel Finance Hub

Speak with Arran or Graham

£10k to £5m+

Funding amounts

Loans & Leasing

Finance types

Unsecured available

Security

150+

Lenders on panel

How to fund your renovations

Independent broker with an extensive panel of 150+ UK lenders. No upfront fees.

Unsecured business loans

For general redecoration, cosmetic upgrades, and soft furnishings, an unsecured business loan provides a fast lump sum. Decisions can often be made in days, allowing you to start work before the busy season.

Asset finance for tangible upgrades

If your refurbishment involves expensive hard assets—such as a new commercial kitchen, HVAC systems, or passenger lifts—asset finance allows you to spread the cost over 1 to 5 years, using the equipment itself as security.

Refinancing to release equity

For major structural renovations or adding extensions, we can help you refinance your existing commercial mortgage, releasing the built-up equity in the property to fund the construction work.

Merchant Cash Advance

If you need a quick cash injection for minor upgrades (like new carpets or painting), an MCA allows you to borrow against your future card takings, with repayments flexing alongside your seasonal revenue.

Refurbishment elements we can finance

Specialist finance options to match your requirements.

Bedroom furniture & beds

Bathroom refits & plumbing

Carpets & flooring

Air conditioning & HVAC

Passenger & service lifts

Reception & bar fit-outs

Lighting & electrical upgrades

Exterior landscaping

Who you could speak to

Arran Turner

Managing Director

General commercial finance and how Sorbus works

Profile

Graham Nash

Commercial Finance Director

Business loans, cash flow and wider commercial funding

Profile

STEP 1
A conversation with a broker
You talk to a real Sorbus broker about the business, the purpose and what is affordable. No application at this stage.
STEP 2
Credit placement
If you choose to go further, we prepare the case and decide which lenders on our panel of 150+ are worth approaching.
STEP 3
Lender assessment
The lender, not Sorbus, underwrites and makes the credit decision. Approval is never guaranteed.
STEP 4
Documentation
If a lender offers terms and you accept, we help coordinate agreements and payout paperwork with you.

Every step after the first is optional. You can stop after the conversation. Sorbus is a broker, not a lender.

Client journey

Explore real client journeys

Read how real businesses approached a funding goal, what Sorbus arranged and what happened next.

Browse anonymised case studies

Enquire about Hotel Refurbishment Finance

Start with a conversation

Tell us a little about what you need and who you would like to speak to. No obligation, no credit check at this stage. We aim to respond within one business day, Monday to Friday, 9am to 5:30pm.

Your name *

Phone number *

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Prefer to call?

Speak directly to an adviser Monday–Friday, 9am–5:30pm.

01246 383500

Free call. No obligation.

Unique to Sorbus Finance

Optional: Business Finance Health Check

Before you approach lenders, understand your borrowing readiness with our free Business Finance Health Check, tailored for UK businesses.

Take the short Health Check

Free · No credit check · Not required before you talk

Want the full picture? The full fact-find is longer and also optional.

Email us anytime

hello@sorbusfinance.co.uk

Free tool

Know your lending position before you apply

The Business Finance Health Check scores your readiness to borrow, business resilience, and growth potential. Free, under 5 minutes, no obligation.

Run your free Health Check

Questions answered

Common queries about hotel refurbishment loans.

Ready to upgrade your guest experience?

Speak to a specialist broker about structuring the most cost-effective finance for your refurbishment project.

01246 383500 Hotel Finance Hub