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19/07/2017

Sunshine, beaches and great business

The summer holidays are nearly upon us and it’s high season for Wales many tourism businesses. The tourism sector has a significant impact on the Welsh economy and visitors to Wales spend £5.1 billion a year.

From shops and cafes, through to hotels and leisure resorts we work with a wide variety of great Welsh companies. Here’s just a few we’ve recently supported:

The Hours café and bookshop, Brecon

Brecon tourism award winners, The Hours, have expanded their café and bookshop thanks to a microloan from us. The company have taken over the adjoining premises – literally doubling the size of this great Brecon landmark.

The Mount Rooms, Barry

The Mount Rooms is gearing up for its first summer season. A great bijou hotel in the resort made famous by Gavin and Stacey, we helped the new hotel renovate their premises with a six-figure investment.

Carreg Adventure, Swansea
 
We supported husband and wife team Ceri Butcher and Eoghan Powell with start-up costs for Carreg Adventure. The pair renovated local landmark Stouthall, they now run camps, educational groups and corporate team building events - all with an adventure theme – as well as hosting weddings from their base on the Gower Peninsula.

We’re able to help tourism businesses in a number of ways, be that cash-flow lending, or money for renovation and expansion. Our investment teams can tailor loans and equity deals from £1,000 up to £3 million for your tourism business. Interested? Get in touch.