LENDISTRY’S LEADING AIRPORT CONCESSIONS PROGRAM
In The News
Lendistry Credit Facility Hits $100M as East West Bank Backs Airport Concessions Lending
A Partnership Powering Airport Concession Growth
Lendistry Raises $100M Debt Financing
Chicago Entrepreneur Gives Family Business a New Life at the Airport
AMAC and Lendistry Partner to Provide Minority and Women-Owned Small Businesses with Airport Concessions Lending Opportunities
RESOURCES FOR TAKEOFF
A Runway to Success
Our team can help you understand program requirements, prepare your application, and connect you with the resources you need.
Frequently Asked Questions
A U.S. Department of Transportation program that helps small, for profit businesses owned by socially and economically disadvantaged individuals compete for airport concession contracts.
What if I am preparing to bid on a concession opportunity?
If you are preparing to bid on an airport concession opportunity, Lendistry may help you understand potential financing needs, required documentation, estimated use of funds, and how capital planning can support your proposal or readiness for an award.
What types of airport concession businesses are eligible?
Eligible airport concession businesses may include food and beverage operators, retail concessionaires, service providers, dutyfree operators, hospitality concepts, and other businesses operating or preparing to operate within an airport environment.
Can financing be used for buildout costs?
Yes. Airport concession financing may be used for approved buildout costs, including leasehold improvements, equipment, fixtures, furniture, signage, technology, and other expenses required to prepare a concession space for operation.
Can financing support a joint venture ownership stake?
Yes. Eligible borrowers may be able to use financing to support CAPEX requirements, shared buildout costs, or other approved expenses related to participating in an airport concession joint venture.
Can funds be used for working capital or opening payroll?
No. Funds cover the client’s share of leasehold improvements. For direct operators, some of that may be captured under post development project costs.
How are payment schedules structured?
Payment schedules may be structured based on borrower qualifications, concession agreement, projected cash flow, and the operating cycle of the airport concession business.