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Cambridge & Counties provides funding for Loch Lomond Castle Lodges to build 11 new lodges




Cambridge & Counties Bank has provided £600,000 in funding for Loch Lomond Castle Lodges (Holdings) Ltd, a family-owned business that operates a holiday and leisure facility in Scotland, to add 11 new garden lodges to its loch-side site.

The £600,000 in new funding follows a £2.1m refinancing package from Cambridge & Counties in April this year to help the business optimise its balance sheet.

James Carr, director at Loch Lomond Castle Lodges (Holdings) Ltd, said: “We have benefitted from excellent demand and firmly believe now is the time to invest for growth and expand the site by adding 11 new self-catering garden lodges.


“Cambridge & Counties Bank has been a strong financial partner for the past six months and it is natural for us to work together again as we realise this exciting next step.”

Barry Rodger, senior relationship manager at Cambridge & Counties Bank, said: “We are proud to be supporting an ambitious local business with a very attractive market position and a strong tailwind for further growth.

“The tourism industry in Loch Lomond is thriving and it is clear that Loch Lomond Castle Lodges is well placed to capitalise.”

Cambridge & Counties Bank received support from David Grant at panel broker Axis Commercial, along with Colliers valuation team and legal firms Addleshaw Goddard and Harper MacLeod.

The transaction was completed within three months of approval.

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