Inhabitr Expands Its Furniture Financing Solution
Inhabitr, a pioneer in AI-driven furnishing solutions for commercial real estate (CRE), has just announced an exciting extension of its furniture financing program following the completion of successful pilot initiatives with PACIFIC 19, a hospitality venture based in Hawaii. This innovative solution not only simplifies the procurement process but also offers integrated financing options for clients.
Streamlined Financing for Furniture Procurement
The newly enhanced financing program allows clients, both within the United States and internationally, to seamlessly apply for financing directly through Inhabitr’s platform when placing orders for furniture, fixtures, and equipment (FFE). This capability means that approvals can be granted in just a matter of days, with options available for financing that can cover up to 100% of the order. This streamlined process is especially beneficial for clients managing new developments, renovations, and conversions in the competitive real estate industry.
As stated by Ankur Agrawal, the founder and CEO of Inhabitr, “Time is an invaluable asset in CRE projects. Delays can be caused by financing complications, particularly during uncertain economic times. Our financing solution eliminates these delays and enhances cash flow before project completion.”
Successful Collaborations and Notable Projects
During the pilot phase of this financing solution, Inhabitr engaged with several hospitality-focused projects around the globe, including partnerships with both government programs and independent hotels. A noteworthy project was PACIFIC 19 Kona, a boutique hotel located in Kailua Kona, Hawaii. Inhabitr played a crucial role in this project by overseeing the procurement, delivery, and installation of furnishings for the hotel’s guest rooms. Impressively, the first phase of the project, which included 122 rooms, was completed within a tight timeframe of less than five months.
A significant aspect of Inhabitr's support to PACIFIC 19 was helping the hotel secure financing for its furniture, a move that provided a critical competitive advantage and notable financial benefit to the client. James Evans, Co-Founder of Nine Brains, which developed PACIFIC 19, remarked, “The financing option provided by Inhabitr allowed our team to act quickly and fund our order through revenue generated after opening, ultimately lowering the equity burden on our investors and improving project returns.”
End-to-End Procurement Solution
Inhabitr is not just about financing; it offers an end-to-end solution for FFE procurement. By leveraging a mix of advanced technologies and a personalized approach, Inhabitr simplifies the entire process—from design and sourcing to manufacturing, delivery, and installation. This integrated strategy ensures that clients receive high-quality furnishings that enhance their spaces.
Agrawal noted, “We take pride in the ability to deliver high-quality products that resonate with the unique spirit of each property we work with. Our collaboration with PACIFIC 19 is a testament to our commitment to bringing clients’ visions to life.”
Inhabitr has already furnished over 30,000 units across various sectors of CRE, including hospitality, student housing, multifamily spaces, and more. With an experienced global team working across eight countries, Inhabitr continues to redefine the furnishing experience for its clients, combining speed, efficiency, and quality.
To learn more about Inhabitr and its innovative solutions, visit
www.inhabitr.ai.