Park model builder Pinnacle Park Homes has secured a new commercial lending program.
“Financing has been a huge obstacle for many of our campground owners and now we have been fortunate to secure a source that can offer rates as low as 6.99%,” Andy Davis, sales manager for the Ochlocknee, Ga.-based builder, stated in a news release. “We are very excited to be able to offer this program, as we know rental cabins are the future for campgrounds. We can now obtain same day approvals and application only approvals up to $75,000.”
He continued, “This is going to be a great tool to allow campgrounds to get their cabins now and pay for them over time at a great rate, which simply means more profit from day one. Previously, if financing was obtained the rate was much higher, the process much slower and required extensive documentation.”
This program is specifically designed for those campgrounds that have been in business for four or more years as a reward for having tightened their belts and hung on during these trying economic times, he added.
“This certainly has the potential to increase our sales while at the same time producing more income for campground owners and with Spring right around the corner this could not have come at a better time,” Davis concluded.
For more information contact Pinnacle Park Homes at (866) 574-5159 or visit them on the web at www.pinnacleparkhomes.com.