Couple Purchases RV Resort Park with Spectacular views of Lake John
Couple Purchases RV Resort Park with Spectacular views of Lake John
“44 was able to provide financing to purchase and improve Lake John Resort and RV Park at the same time. The loan terms are giving us the time needed to improve the property upfront and giving us better cash flow later.”
Doug and Mary Gibb, OwnersLake John RV Resort | Walden, CO
CHALLENGE
Doug and Mary Gibb sold their home in Colorado and set out for a year to study and understand where they would buy their dream business, an RV Park. After careful study and many nights at a variety of campgrounds across the Western US, they chose to purchase a business near Walden, CO. The couple needed financing that would allow them to purchase the camping and Rocky Mountain Trout fishing destination. Daniel and the team at 44 Business Capital structured a loan to provide for both purchase and property improvement.
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