Tourism upgrade in Yorkshire
£200,000Amount8.75% p.a.Interest50% LTV 5 yearsTermEast Riding of YorkshireLocation
4.4-acre site with well-established fishing lake, three log cabins, and owners’ accommodationSecurity
Purpose of the loan
This loan enabled the borrower to refinance an existing facility from a high street lender, consolidate business credit, and improve working capital. It also supported final works on two new holiday lodges.
These funds were used to:
- Redeem the prior mortgage and repay existing business credit
- Support cash flow over quieter winter months
- Complete decking, skirting, and site works on two new luxury lodges (valued at £225,000 each)
The broader goal was to strengthen liquidity and position the business for seasonal growth and asset sales.
Why investors backed this opportunity
- Attractive interest rate:
- 8.75% p.a.
- Good security:
- Lodges, lake, and income-generating hospitality property
- Strong credentials:
- Established, family-run business with 35-year trading history
- Consistently profitable with strong occupancy and 5-star guest reviews
- Clear business model:
- Year-round fishing holidays and lodge rentals in a high-demand, niche leisure sector
- FOLKONOMICS™:
- Local employment supported through cleaning, maintenance, and seasonal guest services
- Economic ripple effects through guest tourism spend and use of local suppliers
Thinking about investing?
FOLK2FOLK investors regularly fund projects like this, combining fixed monthly income with tangible, property-backed security and meaningful local impact.
