Leisure Finance
Accelerating Growth in the Leisure Industry with Asset-Based Lending
The leisure industry, encompassing holiday parks, camping sites, and glamping experiences, experienced a boom during the pandemic as UK holidaymakers swapped international travel for staycations. Even as the world returns to normal, the shift towards domestic holidays shows no signs of reversing. Seizing this opportunity calls for investment in assets, whether it's upgrading facilities or expanding your park. Red Fox Finance, with its versatile asset-based lending options, offers the financial solutions to meet your specific business needs.
Leisure businesses often deal with large corporate bookings or events that come with extended payment terms. Invoice factoring can provide immediate cash flow by advancing the majority of the outstanding invoice value, enabling you to reinvest in your business without waiting for payments to clear.
Your leisure park already houses a plethora of assets—from lodges and camping equipment to recreational facilities. With asset refinancing, you can free up the capital tied in these assets to invest in further expansion or upgrades.
Establishing a distinctive leisure destination requires significant investment in high-quality assets. Consider luxury glamping pods (ranging from £15,000 to £25,000 each), modern caravan units (£25,000 - £100,000), or state-of-the-art recreational facilities (£50,000 - £500,000). Our asset finance solutions provide accessible funds, enabling you to afford these purchases without damaging your cash flow.
For assets that depreciate quickly or require regular upgrades, like technology-driven entertainment systems or transportation vehicles, our leasing and hire purchase solutions offer an affordable alternative to outright purchase.
As leisure business owners, the challenges you face are unique—from seasonality affecting your cash flow to the need for regular investments to keep up with customer expectations. At Red Fox Finance, we appreciate these intricacies and structure our lending solutions accordingly. Our flexible repayment plans can be aligned with your business cycles, providing the financial stability needed to manage these sector-specific hurdles effectively.
In an industry where customer satisfaction is king, creating unforgettable experiences is crucial. This requires continuous investments in high-quality facilities and customer service—a feat made possible through our asset-based lending options.
Red Fox Finance is more than just a lender—we're your financial partner. Our commitment is to support your growth ambitions, help you navigate the complex financial landscape, and empower you to seize the ripe opportunities within the leisure industry. Our asset-based lending solutions offer the lifeline you need to transform your business into a must-visit destination, setting you on the path towards long-term success.
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Enhance your leisure ventures by capitalizing on their tangible assets. For leisure businesses looking to modernize or purchase new equipment, our Guide to Types of New Asset Financing can provide the necessary insights.
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