Finding the right financing can make the difference between growing your business and missing new opportunities. Michael Oppel, Vice President and Loan Officer at Stone Bank, discusses government-guaranteed loan programs for independent lodging businesses, including SBA and USDA financing. He explains which options are best suited for acquisitions, renovations, expansions, and new revenue-generating projects, while sharing common borrowing mistakes, the importance of a strong business plan, and practical tips for securing financing. We are very thankful to Michael for sharing his insights with us. You can learn more about Stone Bank at <a href= "https://www.stonebank.com/" target="_blank" rel= "noopener">stonebank.com</a>. Our podcast is presented by the Frictionless Guest App, the digital concierge that helps your guests live like locals. To learn more, visit <a href="https://frictionlessguest.com/" target= "_blank" rel="noopener">frictionlessguest.com</a>.

095: The Human Element Still Matters

Interesting interviews with innkeepers and lodging experts, aimed to improve the challenging life of the independent innkeeper and lodging professional.