Tourism businesses will finance different parts of their operations in different ways. The level and types of debt may change depending on the needs and lifecycle of the business.
Crowe hospitality sector expert Mairea Doyle Balfe delivers another informative video for Fáilte Ireland aimed at helping tourism businesses get on the road towards financial recovery.
The video provides an overview of the different types of debt financing for tourism businesses and in particular focusing on the four of the most common: long-term loans, short-terms loans, overdrafts and leasing.
Click on the image below to watch the video and visit Fáilte Ireland's COVID-19 Support Hub for further information.