HBX Group provides travel companies with access to fast and flexible financing through YouLend

This new financial solution is designed to help small and medium-sized businesses in the tourism and hotel sector improve their liquidity and take advantage of new growth opportunities.

Designed specifically to meet the needs of travel agencies, independent hotels, and similar businesses, Cash Advance offers performance-based financing, with no collateral or credit scores required. The application is simple, 100% digital, and approved funds can be available in as little as 48 hours.

Payments are made as a percentage of monthly sales, allowing businesses to contribute more during peak seasons and less during off-peak months, thus avoiding the pressure of fixed monthly payments.

“We want our partners to have the flexibility and support they need to manage their businesses safely and confidently,” said Daniel Nordholm, Chief Product and New Business Officer at HBX Group. “Through our collaboration with YouLend, we offer a practical solution that reflects the pace of the travel industry and the challenges our customers face.”

“Our commitment at HBX Group goes beyond travel distribution: we are building a suite of tools and services designed to help our partners grow sustainably, operate more efficiently, and adapt to the demands of an ever-evolving market,” he adds.

Through Cash Advance, HBX Group customers and partners can easily access financing options, simulate different repayment scenarios, clearly review terms, and complete the entire process from a simple and intuitive platform. The experience has been designed to offer complete transparency from start to finish, with no hidden fees or complicated terms.

Cash Advance is currently available to HBX Group customers in Spain, the United Kingdom, Germany, Poland, Belgium, Ireland, and the Netherlands, with additional markets expected to be launched before the end of the year.

Fuente: HBX Group.