Aladdin has developed a unique niche in the Hospitality Industry by using its network of National, name brand manufacturers and suppliers. Aladdin is a member of AAHOA and Florida Hotel-Motel Association. Aladdin leases & finances ALL FF&E. We lease/finance soft goods such as carpeting, bed spreads, pillows, drapery, signs and certain bathroom fixtures as normal credits for the full term of up to 60 months.
We work closely with many manufacturers and suppliers that are among the top in their field. Our approval ratio in the Hospitality Industry is well over 80%. We offer up to $200,000 with a simple one page application for established entities. We offer FFE leasing/financing of up to $2MM with a full financial package INCLUDING Start-ups and newer properties. We offer leasing/financing for expansions and treat them the same as established entities with the help of cross guarantors. We also offer short-term leasing as well as a 90 day - same as cash program through certain selected suppliers.
Many years of hard work and straight forwardness, coupled with our understanding of this very Unique industry, has earned us the respect and trust of many fine hotels & motels and has played a major role in our success.
No Down Payments! Lease 100%Our leases finance 100% of the cost of the equipment. Plus, you can include costs in your lease such as shipping, software, training, and installation. Unlike a bank loan, no down payment or compensating balances are required.
Improved Cash Flow, More Working CapitalCash is not tied up in equipment. Instead, money is available for opportunities such as marketing, working capital, or seasonal cash flow needs.
Preserve Your Credit LinesYour existing lines of credit and borrowing availability are left untouched and ready to use for operational and short-term financing needs.
Pay Only For What You UseAn Aladdin Hospitality representative is available to visit your property, evaluate your needs and give a full assessment of your renovation project.
Eliminate Out-Dated EquipmentMonthly payments allow you to use your equipment immediately. And, the new equipment, with its operating efficiencies, pays for itself as you use it... over time.
Tax BenefitsUnlike loan payments, lease payments may be fully tax-deductible as an operational expense.
Overcome Budget LimitationsIn situations where limited budgets would ordinarily delay or prevent the acquisition of equipment due to a limit on capital expenditures, leasing allows for quick budget approval due to its small monthly expense. A lease can fit the tightest of budgetary constraints.
Call one of our knowledgeable representatives to apply.