{"id":30790,"date":"2022-12-22T09:52:04","date_gmt":"2022-12-22T09:52:04","guid":{"rendered":"https:\/\/swoopfunding.com\/ie\/?post_type=sectors&#038;p=30790"},"modified":"2026-04-13T08:02:05","modified_gmt":"2026-04-13T08:02:05","slug":"business-loans-for-bed-and-breakfasts","status":"publish","type":"sectors","link":"https:\/\/swoopfunding.com\/ie\/sectors\/business-loans-for-bed-and-breakfasts\/","title":{"rendered":"Business loans for bed and breakfasts"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"30790\" class=\"elementor elementor-30790\" data-elementor-post-type=\"sectors\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1917af68 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"1917af68\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b7d81ec\" data-id=\"4b7d81ec\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14e48221 elementor-widget elementor-widget-heading\" data-id=\"14e48221\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Business loans for bed and breakfasts<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c6ce31e elementor-widget elementor-widget-text-editor\" data-id=\"7c6ce31e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">There are more many<\/span><span style=\"font-weight: 400;\">\u00a0registered Bed and Breakfast businesses<\/span><span style=\"font-weight: 400;\"> in Ireland and, since the arrival of global hospitality giant <\/span><span style=\"font-weight: 400;\">Airbnb<\/span><span style=\"font-weight: 400;\"> in 2009, traveler interest in Ireland\u2019s small and privately-run visitor accommodation has seen exponential growth.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27d56921 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"27d56921\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&#038;version=v3\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get a quote<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ed8246c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ed8246c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6dfa78d2\" data-id=\"6dfa78d2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1eeaa1d elementor-widget elementor-widget-ucaddon_breadcrumbs\" data-id=\"1eeaa1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t <div id=\"breadcrumbs-container\" class=\"center\">\n <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav> <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7728b2dd elementor-widget elementor-widget-text-editor\" data-id=\"7728b2dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">This means it\u2019s a good time to own a B&amp;B. However, to buy, start, and run a successful B&amp;B, owners and entrepreneurs will typically need additional funding. Read on to find out more and to discover what you need to secure the best business loan for your bed and breakfast.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19677199 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19677199\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e762d4c\" data-id=\"4e762d4c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-52800274 elementor-widget elementor-widget-heading\" data-id=\"52800274\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What business loans are available for B&amp;Bs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24f6bd5d elementor-widget elementor-widget-spacer\" data-id=\"24f6bd5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3077b585 elementor-widget elementor-widget-text-editor\" data-id=\"3077b585\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Business loans for bed and breakfasts come in a variety of shapes and sizes. They can be used to refinance a current B&amp;B loan, renovate your building, acquire an existing B&amp;B, build a new bed and breakfast, or cover seasonal quiet spots that create a cashflow squeeze. These loans are often tailored to fit the unique financial circumstances of the hospitality industry. In many cases, the property or acquired assets work as security and there is no need to provide additional collateral. This means B&amp;B owners and companies that have weak credit or have been previously turned down for funding may still be able to obtain the financing their business needs to grow.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-640fab6b elementor-widget elementor-widget-spacer\" data-id=\"640fab6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56d0b6e4 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"56d0b6e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&#038;version=v3\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get a quote<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-559843ed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"559843ed\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3802042d\" data-id=\"3802042d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b89c096 elementor-widget elementor-widget-text-editor\" data-id=\"2b89c096\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Common types of B&amp;B funding:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/ie\/commercial-mortgages\/\"><span style=\"font-weight: 400;\">Commercial mortgage:<\/span><\/a> <span style=\"font-weight: 400;\">These are long-term loans that you use to buy an existing B&amp;B or to build a new one. Borrow up to 90% of the purchase price, with the property providing security for the loan. Repay the loan over 1 \u2013 25 years.<\/span><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/ie\/commercial-mortgages\/development-finance\/\"><span style=\"font-weight: 400;\">Development loan:<\/span><\/a> <span style=\"font-weight: 400;\">May be used to pay for new construction or re-development of existing B&amp;Bs. Pay for extensions, major repairs, car parking space, retrofitting, refurbishment, etc. The property acts as security for the loan.\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/ie\/business-loans\/asset-finance\/\"><span style=\"font-weight: 400;\">Asset finance<\/span><\/a><span style=\"font-weight: 400;\">: These are larger loans used to buy vehicles or big-ticket B&amp;B items such as commercial kitchens, or HVAC upgrades. Make money from the asset as you pay for it \u2013 over a period of 1 to 5 years. The asset acts as security for the loan.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/ie\/business-loans\/merchant-cash-advance\/\"><span style=\"font-weight: 400;\">Merchant cash advance<\/span><\/a><span style=\"font-weight: 400;\">: Short-term borrowing to cover everyday expenses, such as wages, small repairs, and utility bills. Nearly all B&amp;Bs take credit and debit card payments from customers. Lenders provide funding as a percentage of your daily, weekly or monthly card turnover. You repay the loan as card receipts are released from the bank. As your card sales rise, you can borrow more. Usually, no added security is required.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/ie\/business-loans\/invoice-finance\/\"><span style=\"font-weight: 400;\">Invoice finance<\/span><\/a><span style=\"font-weight: 400;\">: Do you take corporate guests who pay on account? Don\u2019t wait for them to settle their bill. Unlock the value of your unpaid B2B invoices immediately. Funds are lent against the value of the B&amp;B\u2019s accounts receivable, and you repay as your corporate clients pay you. Unlike factoring, you retain control of your sales ledger and clients do need not know you are borrowing against your invoices. Usually, no added security is required.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/ie\/business-loans\/revolving-credit-facility\/\">Revolving credit facility<\/a>: Much like a bank overdraft. The borrower can dip into an open credit facility as and when funds are needed. The borrowing is repaid from incoming receipts. May require added security.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-97dcd85 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"97dcd85\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-57d02e1\" data-id=\"57d02e1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9abc53 elementor-widget elementor-widget-heading\" data-id=\"e9abc53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What type of mortgage do you need for a B&amp;B?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-214e0dd elementor-widget elementor-widget-text-editor\" data-id=\"214e0dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Even though you may intend to live in the same property as your bed and breakfast business, because you are also running a commercial operation, you will need a commercial mortgage. Unlike standard residential mortgages, these types of business mortgage are provided on a case-by-case basis, and the lender will pay strong attention to your business plan, finances, and any relevant business experience you can provide. Commercial mortgages may require a larger deposit than residential loans, and interest rates and fees are unique to every deal.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-537a10c1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"537a10c1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b82274d\" data-id=\"4b82274d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-203ec42e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"203ec42e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-57a36b8a\" data-id=\"57a36b8a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2677515c elementor-widget elementor-widget-heading\" data-id=\"2677515c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Can I get a loan for B&amp;B as a first-time buyer?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-df6b81f elementor-widget elementor-widget-text-editor\" data-id=\"df6b81f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Yes. Most commercial mortgage lenders prefer borrowers who have relevant business experience, but it is still possible to secure a B&amp;B loan as a first-time buyer. Note that you may be required to pay a higher deposit and\/or interest rate to offset the lender\u2019s risk.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b1e372e elementor-align-center elementor-widget elementor-widget-button\" data-id=\"5b1e372e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&#038;version=v3\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4386295 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4386295\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-81e22e1\" data-id=\"81e22e1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2af58d0 elementor-widget elementor-widget-heading\" data-id=\"2af58d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Criteria to get a business loan for a B&amp;B:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e10445 elementor-widget elementor-widget-text-editor\" data-id=\"2e10445\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Just as no two bed and breakfasts are identical, so no two B&amp;B loans are the same. Different lenders will seek different information in a loan application, but commonly required info includes:<\/span><\/p><h3><b>Hospitality experience<\/b><\/h3><p><span style=\"font-weight: 400;\">It is not critical that you have hospitality experience to obtain a B&amp;B loan, but it helps. The same applies if you are seeking to buy a B&amp;B as an investment and then employ someone to run the business. The lender will usually expect you to have an experienced and designated B&amp;B manager to operate the venture. If you have no previous hospitality experience, lenders may ask for a larger deposit, or impose higher interest rates and fees. They may also limit the amount of funding they are willing to provide.<\/span><\/p><h3><b>Business plan<\/b><\/h3><p><span style=\"font-weight: 400;\">Your <a href=\"https:\/\/swoopfunding.com\/ie\/business-glossary\/business-plan\/\">business plan<\/a> is your operating manual and B&amp;B loan providers will take a hard look at your projections and <a href=\"https:\/\/swoopfunding.com\/ie\/business-glossary\/exit-strategy\/\">exit strategy<\/a>. The stronger your business plan is, the better your chances of success. If you lack the knowledge to create this document, it is worth hiring the services of a professional hotel and B&amp;B advisor.<\/span><\/p><h3><b>Suitable deposit<\/b><\/h3><p><span style=\"font-weight: 400;\">There are few 100% business loans available for B&amp;Bs. Lenders will expect you to provide a deposit unless the loan is asset based, such as a merchant cash advance. Different loans will require different deposits. For a commercial mortgage, depending on your experience, financial strength, and business plan, deposits could range from 30% to 10%. Note that lenders will usually need to see a substantial reserve of cash in addition to the deposit sum. This will cover your startup and any slow periods once the business is up and running.\u00a0<\/span><\/p><h3><b>Documentation<\/b><\/h3><p><span style=\"font-weight: 400;\">Most B&amp;B loan applications will require:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The last 2 \u2013 3 years business accounts if available, including balance sheet and cashflow analysis.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For new-builds and refurbishments &#8211; full development plans, permits, construction schedule, projected revenues supported by recent evidence.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank statements covering the past 3 &#8211; 6 months.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proof of address and identity of borrower.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business plan \u2013 as detailed as possible.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Leasehold agreement for your existing B&amp;B or the B&amp;B you are buying.<\/span><\/li><\/ul><h3><b>Personal finance check<\/b><\/h3><p><span style=\"font-weight: 400;\">All lenders will conduct standard credit and security checks. This usually includes a review of both personal and business credit reports.\u00a0<\/span><\/p><p><b>Top tip:<\/b><span style=\"font-weight: 400;\"> Check your personal and business credit scores before you apply. Errors on your reports could impact limit your ability to secure the B&amp;B loan you need.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d94fcf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d94fcf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-99d94c0\" data-id=\"99d94c0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c3a3b1 elementor-widget elementor-widget-heading\" data-id=\"9c3a3b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Other ways to get funding<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b3cf11 elementor-widget elementor-widget-text-editor\" data-id=\"9b3cf11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><b>Crowdfunding<\/b><\/h3><p><span style=\"font-weight: 400;\">Also known as \u2018peer to peer\u2019 investment, crowdfunding relies on the power of the internet and the support of small investors and donors to deliver the funding a B&amp;B needs. Bed and breakfast owners seeking funds will post a presentation on a crowdfunding website and encourage viewers to support their cause. <\/span><\/p><p><span style=\"font-weight: 400;\">Supporters will usually provide investments or donations in small amounts in return for a reward, such as a free weekend break, with many investors needed to achieve the target sum. This kind of funding is essentially a gift, with the B&amp;B owner not required to repay the investment if they use the funds according to their business plan and presentation. Crowdfunding can be used for many purposes, but it will usually score well if it is heavily promoted with existing contacts and on social media, and it proposes something original \u2013 such as the launch of an eco-friendly B&amp;B that is 100% sustainable. Additionally, crowdfunding bids are time sensitive. If the project fails to reach its funding target by the end of the donation period, any funds that have been pledged are usually returned to the investors.<\/span><\/p><h3><b>Government grants<\/b><\/h3><p><span style=\"font-weight: 400;\">Most government grants for the\u00a0 hospitality industry are now closed to new applicants, although it may still be possible to secure <\/span><span style=\"font-weight: 400;\">business rates relief<\/span><span style=\"font-weight: 400;\">. For entrepreneurs seeking to launch a new B&amp;B, a <\/span><span style=\"font-weight: 400;\">startup loan<\/span><span style=\"font-weight: 400;\"> may give them the seed cash they need to get a new bed and breakfast off the ground. Loans of up to \u20ac25,000 are available, with no added security required.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0ff4c75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0ff4c75\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9e71bf5\" data-id=\"9e71bf5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e755c0 elementor-widget elementor-widget-heading\" data-id=\"6e755c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to find the right mortgage for your bed and breakfast business<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b1c412 elementor-widget elementor-widget-text-editor\" data-id=\"0b1c412\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">B&amp;B lending is a niche area, with differing rules of application. B&amp;B owners seeking this type of financing may find themselves forever searching and making applications to lender after lender. The delays this can create could cause you to lose business and leave your B&amp;B vulnerable to the competition. Instead, working with a broker, who can access B&amp;B loans and mortgages from a wide range of lenders is a better way to go. No more cold calls and endless demands for information. Simply tell us what you need and leave the rest to us.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7efbeae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7efbeae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ffb1df0\" data-id=\"ffb1df0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1be3f87 elementor-widget elementor-widget-heading\" data-id=\"1be3f87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get started with Swoop's business funding platform<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efbd825 elementor-widget elementor-widget-text-editor\" data-id=\"efbd825\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Check in with Swoop to find the best rates, the best terms and the best B&amp;B loans and mortgages all under one roof.\u00a0 <\/span><span style=\"font-weight: 400;\">Grow your online business at lightspeed. <a href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&amp;version=v3\">Register with Swoop<\/a> to secure a loan today.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79b4aa8b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79b4aa8b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b711dd4\" data-id=\"4b711dd4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c804c2 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"0c804c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&#038;version=v3\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93bf53e elementor-widget elementor-widget-spacer\" data-id=\"93bf53e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-374b05c5 elementor-widget elementor-widget-heading\" data-id=\"374b05c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Testimonials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-235f23e3 elementor-widget elementor-widget-ucaddon_testimonials\" data-id=\"235f23e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_testimonials.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t<style type=\"text\/css\">\/* widget:Testimonials *\/\n\n.testimony{\n margin:0;\n}\n.testimony .owl-theme .owl-dots .owl-dot.active span{\n background:#2E9C8E;\n}\n\n.testimony .owl-theme .owl-dots .owl-dot:hover span{\n background:#2E9C8E;\n}\n\n.testimony{\n\t content-visibility:auto;\n\t contain-intrinsic-size:445px;\n}\n .testimony .inner-testimony .read-mores{\n\t margin-left:15px;\n}\n .testimony .inner-testimony .icon{\n\t color:#eee;\n}\n .testimony .inner-testimony .icon-quotation-left{\n\t position:relative;\n\t top:-28px;\n\t left:0;\n}\n .testimony .inner-testimony .icon-quotation-right{\n\t position:relative;\n\t bottom:-28px;\n\t right:-8px;\n}\n .testimony .inner-testimony p{\n\t margin:0;\n\t color:#003e52;\n}\n .testimony .inner-testimony .testimony_description{\n\t padding:40px 0;\n}\n .testimony .inner-testimony .desc_testimony{\n\t font-size:24px;\n}\n .testimony .inner-testimony .author_testimony{\n\t font-size:18px;\n\t margin-top:20px;\n}\n .testimony .inner-testimony .role_testimony{\n\t font-size:18px;\n}\n .testimony .owl-theme .owl-nav .owl-prev{\n\t position:absolute;\n\t left:0;\n\t margin:-18px 0;\n\t top:50%;\n}\n .testimony .owl-theme .owl-nav .owl-next{\n\t position:absolute;\n\t right:0;\n\t margin:-18px 0;\n\t top:50%;\n}\n @media (max-width:992px){\n\t .testimony .inner-testimony{\n\t\t padding:40px 40px;\n\t}\n\t .testimony .inner-testimony .testimony_description{\n\t\t padding:0;\n\t}\n}\n @media (max-width:768px){\n\t .testimony{\n\t\t margin:50px 0 40px 0;\n\t}\n\t .testimony .inner-testimony .desc_testimony{\n\t\t font-size:19px;\n\t}\n\t .testimony .owl-dots{\n\t\t margin-top:30px !important;\n\t}\n\t .testimony .inner-testimony{\n\t\t padding:40px 0;\n\t}\n}\n\n<\/style>\n\n\t\t\t<div class=\"container\">\n <div class=\"testimony\">\n <div class=\"row justify-content-center\">\n <div class=\"col-xl-8 col-lg-10\">\n <div class=\"inner-testimony text-center\">\n <div id=\"owl-testimony\" class=\"owl-carousel owl-theme\">\n <div class=\"item\">\n <div class=\"testimony_description\">\n <p class=\"desc_testimony italic\"><i class=\"icon icon-quotation-left\"><\/i>Swoop was amazing! I was looking for refinancing and they were straight onto finding me the best possible option. I would highly recommend them.<i class=\"icon icon-quotation-right\"><\/i><\/p>\n <p class=\"author_testimony\">Laree Smith<\/p>\n <p class=\"role_testimony\">Owner, F45 Cambridge<\/p>\n <\/div>\n<\/div>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-48e2ce7 e-flex e-con-boxed e-con e-parent\" data-id=\"48e2ce7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52d0689 elementor-widget elementor-widget-ucaddon_author_page\" data-id=\"52d0689\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_author_page.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n\n\n <div class=\"info-user-post\">\n \n <div class=\"left-info\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/author\/chris-godfrey\/\" aria-label=\"Chris Godfrey\">\n <picture loading=\"lazy\" decoding=\"async\" class=\"attachment-large size-large\">\n <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/chris-godfrey-author.webp\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/chris-godfrey-author.webp?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <\/picture>\n <\/a>\n <\/div>\n \n <div class=\"right-info\">\n <div class=\"inner-top\">\n <div class=\"info-top\">\n <div class=\"info-title\">\n <p>Written by<\/p>\n <p class=\"name-author\"><a href=\"https:\/\/swoopfunding.com\/ie\/author\/chris-godfrey\/\">Chris Godfrey<\/a><\/h3>\n <\/div>\n <\/div>\n\n <\/div>\n <div class=\"info-bottom\">\n <p>Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and business finance and insurance.<\/p>\n <\/div>\n\n <ul class=\"social-links\">\n <li><a href=\"https:\/\/www.linkedin.com\/in\/christopher-godfrey-332198139\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Linkedin\">\n <img decoding=\"async\" src=\"https:\/\/swoopfunding.com\/ie\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-linkedin-min.svg\" width=\"30\" height=\"30\" alt=\"Linkedin\">\n <\/a><\/li>\n \n \n <li><a href=\"https:\/\/www.freelancewords.co.uk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Website\">\n <img decoding=\"async\" src=\"https:\/\/swoopfunding.com\/ie\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-site-min.svg\" width=\"30\" height=\"30\" alt=\"Website\">\n <\/a><\/li>\n <\/ul>\n\n <div class=\"swoop-promise\">\n <p><strong>Swoop promise<\/strong><\/p>\n <p>At Swoop we want to make it easy for SMEs to understand the sometimes overwhelming world of business finance and insurance. Our goal is simple \u2013 to distill complex topics, unravel jargon, offer transparent and impartial information, and empower businesses to make smart financial decisions with confidence.<\/p>\n <p>Find out more about Swoop\u2019s editorial principles by reading our <a href=\"https:\/\/swoopfunding.com\/ie\/about-swoop\/editorial-policy\/\">editorial policy<\/a>.<\/p>\n <\/div>\n\n <\/div>\n <\/div>\n\n \n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-11174dc e-flex e-con-boxed e-con e-parent\" data-id=\"11174dc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be4426b elementor-widget elementor-widget-ucaddon_auto_page_related\" data-id=\"be4426b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_auto_page_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n\n\n\n <div class=\"container-auto-page-related\">\n <p class=\"title-related text-center\">Related pages<\/p>\n <div class=\"auto-page-related\">\n <ul>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/agricultural-loans\/\">Agricultural loans <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/agricultural-mortgage\/\">Agricultural mortgage <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/auction-finance\/\">Auction finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/brewery-finance\/\">Brewery finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/bus-and-coach-finance\/\">Bus and coach finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/business-loans-for-bed-and-breakfasts\/\">Business loans for bed and breakfasts <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/buy-a-care-home\/\">Buy a care home <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/car-garage\/\">Car garage <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/care-home-finance\/\">Care home finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/construction-loans-and-finance\/\">Construction loans and finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/convenience-stores\/\">Convenience stores <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/cow-livestock-finance\/\">Cow &#038; livestock finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/crop-finance\/\">Crop finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/dental-practice-loans\/\">Dental practice loans <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/farm-equipment-financing\/\">Farm equipment financing <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/food-trucks\/\">Food trucks <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/funding-opportunities-for-recruitment-businesses\/\">Funding opportunities for recruitment businesses <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/funding-opportunities-for-retail-businesses\/\">Funding opportunities for retail businesses <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/guest-house-finance\/\">Guest house finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/haulage-finance-and-hgv-loans\/\">Haulage finance and HGV loans <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/hotel-funding\/\">Hotel funding <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/inventory-financing\/\">Inventory financing <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/nursery-funding\/\">Nursery funding <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/petrol-station-finance\/\">Petrol station finance <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/pub-finance\/\">Pub finance <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/restaurant-loans\/\">Restaurant loans <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/\">Sectors <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/self-employed\/\">Self-employed <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/self-employed-loans-with-bad-credit\/\">Self-employed loans with bad credit <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/shopify-loans\/\">Shopify loans <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/vineyard-finance\/\">Vineyard finance <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ie\/sectors\/self-employed-loans-with-no-proof-of-income\/\">self-employed loans with no proof of income <\/a>\n <\/li>\n <\/ul>\n <div class=\"container_bt\">\n <button class=\"bt_see_more\" href=\"javascript:void(0);\" aria-label=\"See more\">See more<\/button>\n <\/div>\n <div id=\"grey-out\"><\/div>\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4c5e161 e-con-full e-flex e-con e-parent\" data-id=\"4c5e161\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6854d27 elementor-widget elementor-widget-template\" data-id=\"6854d27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"16663\" class=\"elementor elementor-16663\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div class=\"elementor-element elementor-element-3199ac7 e-con-full e-flex e-con e-parent\" data-id=\"3199ac7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-6762904 e-con-full e-flex e-con e-child\" data-id=\"6762904\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-70e95e4 e-con-full e-flex e-con e-child\" data-id=\"70e95e4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-f0e539c e-con-full e-flex e-con e-child\" data-id=\"f0e539c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59e35bb elementor-widget elementor-widget-heading\" data-id=\"59e35bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Ready to grow your business?<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6251679 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6251679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&#038;version=v3\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get started<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fa8402 elementor-widget elementor-widget-html\" data-id=\"6fa8402\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n<script type=\"text\/javascript\" src=\"\/\/widget.trustpilot.com\/bootstrap\/v5\/tp.widget.bootstrap.min.js\" async><\/script>\n\n\n\n\n<div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"53aa8807dec7e10d38f59f32\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"95px\" data-style-width=\"160px\" data-theme=\"dark\" data-token=\"75678bf0-071e-4356-8a6b-93beb5a68f32\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ec8a15a e-con-full cta-mobile-fixed elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"ec8a15a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;position&quot;:&quot;fixed&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-84ac087 elementor-widget elementor-widget-ucaddon_floating_cta\" data-id=\"84ac087\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_floating_cta.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t<style type=\"text\/css\">\/* widget:Floating CTA *\/\n\n.container-floating-cta a{\n font-weight:700;\n border-style:solid;\n border-width:1px 1px 1px 1px;\n color:#FFFFFF;\n border-radius:50px 50px 50px 50px;\n width:100%;\n text-align:center;\n display:block;\n padding:6px 24px;\n transition:all 0.3s;\n}\n\n.container-floating-cta a:hover{\n background:#fff;\n color:#003E52;\n text-decoration:none;\n}\n\n.trustpilot-widget-floating-cta{\n margin-top:12px;\n}\n\n<\/style>\n\n\t\t\t\n<div class=\"container-floating-cta\">\n <a href=\"https:\/\/ireland.swoopfunding.com\/get-started?fundingReason=fundingOnboarding&#038;version=v3\" class=\"btn-floating-cta\" target=\"_blank\" rel=\"noopener\">Get a quote<\/a>\n<\/div>\n\n<div class=\"trustpilot-widget-floating-cta\">\n \n <script type=\"text\/javascript\" src=\"\/\/widget.trustpilot.com\/bootstrap\/v5\/tp.widget.bootstrap.min.js\" async><\/script>\n \n\n \n <div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"5419b732fbfb950b10de65e5\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"24px\" data-style-width=\"100%\" data-theme=\"dark\" data-token=\"6307e816-53aa-4589-828c-b174e8417264\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n <\/div>\n \n<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"author":26,"featured_media":0,"parent":0,"template":"","business-sectors":[1679],"class_list":["post-30790","sectors","type-sectors","status-publish","hentry","business-sectors-business-loans"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_blog_full":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>Business loans for bed and breakfasts There are more many\u00a0registered Bed and Breakfast businesses in Ireland and, since the arrival of global hospitality giant Airbnb in 2009, traveler interest in Ireland\u2019s small and privately-run visitor accommodation has seen exponential growth. Get a quote This means it\u2019s a good time to own a B&amp;B. However, to buy, start, and run a successful B&amp;B, owners and entrepreneurs will typically need additional funding. Read on to find out more and to discover what you need to secure the best business loan for your bed and breakfast. What business loans are available for B&amp;Bs&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Chris Godfrey","url":"https:\/\/swoopfunding.com\/ie\/author\/chris-godfrey\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/sectors\/30790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/sectors"}],"about":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/types\/sectors"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/users\/26"}],"version-history":[{"count":22,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/sectors\/30790\/revisions"}],"predecessor-version":[{"id":37313,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/sectors\/30790\/revisions\/37313"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/media?parent=30790"}],"wp:term":[{"taxonomy":"business-sectors","embeddable":true,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/business-sectors?post=30790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}