Tell us what your lodging operator needs. We review your situation, explain in plain terms which options may fit and what each costs in total, and introduce you to independent lenders. There is no obligation, and Xito is not a lender.
Request a financing review Call 403-827-1014Staff, utilities and maintenance are constant while occupancy swings seasonally.
Renovations are costly and need to be paid before the room is back in service.
Online booking platforms pay after stays.
Each lender sets its own requirements. Typical working capital programs also look for at least 6 months in business, regular deposits into a Canadian business bank account and roughly $10,000 or more in monthly revenue.
A hypothetical motel owner wants to renovate ten rooms before summer while winter revenue is soft. They ask about working capital options to fund the work and wages.
This is a hypothetical illustration, not a client story or a promise of results. Approval, amounts, terms and timing are decided by each lender and depend on your own numbers.
Fill in the short form below, pick your funding range to see what to have ready, and send your documents through our secure upload link. You can upload right away.
We call Monday to Friday during business hours to understand what you need and how fast.
We bring back your options with the total cost of each. Nothing proceeds without your approval.
Please put your business name in each file name. Send documents only through our secure upload link. The full list is on our document checklist.
No obligation. We call you back within 2 hours during business hours.
Xito is not a lender. We introduce businesses to independent lenders and funding providers.
We review your numbers, explain your options and introduce you to lenders whose programs fit. The lender, not Xito, makes the credit decision and sets the terms.
Xito Capital Partners is a Calgary-based advisory firm led by Andrew Apedoe, with a background in valuation and investment banking. Many clients come to us before a sale, a refinancing or a lender review.
Lenders look at occupancy, average daily rate and revenue per available room over several years. Show them by month so seasonality is clear.
Tourist areas can swing sharply between peak and off-season, while fixed costs such as staff, utilities and mortgage payments continue. Lenders ask how you cover the slow months.
Online travel agencies add commissions and pay out on their own schedules. Show how much of your revenue comes from each channel.
The property is usually the main asset, so lenders look at its condition, any mortgage and planned renovations. Franchised or branded hotels may also have required upgrades.
Which option fits depends on your history, your customers and how quickly you need funds. Each lender sets its own requirements and makes its own credit decision.
Xito is not a lender. We explain which options may fit, show the total cost of each and introduce you to independent lenders.
Sometimes. Larger projects may need other financing. We say honestly what fits.
No. Xito is not a lender. We review your situation and introduce you to independent lenders and funding providers. The lender makes the credit decision and sets the terms.
It varies by lender, amount and term. Short-term working capital is usually more expensive than a bank loan, so we show you the total repayment in dollars for each option before you decide.
Timing depends on the lender, how quickly you send a complete file and approval. Smaller requests can move faster than larger ones. Timing is never guaranteed.
Lenders commonly ask for recent business bank statements, owner identification and a void cheque. Larger requests may need financial statements, receivables aging and CRA balances. Each lender sets its own requirements.
Also see our general business financing page, the document checklist and the advance cost calculator.
© 2026 Xito Capital Partners · #205, 259 Midpark Way SE, Calgary, AB T2X 1M2 · 403-827-1014 · intake@xitocapital.com