COMPANY
Woodlands Lodge Hotel
MARKET
Hospitality
NATURE OF BUSINESS
Boutique Hotel in the New Forest
LOAN PURPOSE
Development of the country's first 'passive-house' specification hotel
Main points of the deal
An unsecured business loan enabled New Forest based hotel to proceed with their leading-edge extension plans
Loan taken over a 5-year term with no early settlement penalties
Loan was approved within 5 days
Referred by leading firm of architects
The Detail
The traditional method of raising funds from a high street bank was proving fruitless and very time consuming for hotel owners Rob and Imogene Anglaret who said:
“Within 2 weeks of contacting Number Eight, funding had been approved. In addition, the lender agreed to allow us to draw down at each stage of the development. Thank you to all the team at Number Eight, we couldn’t put a price on all the help and support you have given us"
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