Photo Credit: WeTravel
WeTravel Now Offering Loans For The Travel Industry
Travel agents and luxury travel consultants now have some financial help to be excited about. WeTravel is saving small travel businesses with a brand new loan program.
Business Loan For The Travel Industry
The booking and payments platform WeTravel has launched a business loan program for travel advisors and small businesses in the travel industry. The venture is called WeTravel Growth Capital and it is here to assist companies who are having a hard time recovering after the pandemic.
Qualifying For WeTravel Growth Capital
WeTravel Growth Capital is offering a variety of loan products and advances, as well as lines of credit to those who can qualify. An applicant must already be making a minimum of $10,000 a month, have been in operation for over six months, and has a 550 credit score.
Get Your Money By Next Day
Applying only takes 15 minutes and then a funding advisor reviews the application. Based on the information provided, a loan amount is determined. In most cases, qualified applicants will see the loan in their bank account within 24 hours.
“It has been a difficult season for the travel industry, especially for small, local businesses and operators. As we emerge into a new season, WeTravel is providing additional support to help travel businesses successfully recover and increase profitability with access to the money they need,” said Zaky Prabowo, CEO of WeTravel.
“As a separate but complementary offering to our platform, offering Growth Capital aligns with our business’s founding mission to provide opportunities for any travel business to successfully operate a business with the assistance of travel-specific technology.”
More than 65% of WeTravel’s members are small business owners, which would have the most difficulty during an economy with so many ups and downs this year.
Related: This Company Will Pay Your Student Loans For A Year For You To Travel