Loch Lomond Castle Lodges secures £600,000 funding

Loch Lomond Castle Lodges secured the funding from Cambridge and Counties Bank to add 11 new self-catering garden lodges to its loch-side site.

Incorporated in 1993, Loch Lomond Castle Lodges has grown into a five-star business.

The business currently operates a guest house with five self-catering rooms, five self-catering apartments and 10 luxury lodges, alongside The Cruin, a central hub featuring a bar, restaurant and two large function rooms predominantly used for weddings.

It sits within the Loch Lomond and Trossachs National Park, a popular destination that attracts around four million visitors each year.

Loch Lomond Castle Lodges secures £600,000 funding to build 11 new self-catering garden lodge (Image: Loch Lomond Castle Lodges)

James Carr, director, 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 and 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.”

This new funding follows a £2.1 million refinancing package to Cambridge and Counties Bank this April.

Barry Rodger, senior relationship manager at Cambridge and 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 and Counties Bank was supported in the transaction by David Grant at panel broker Axis Commercial, the Colliers Valuation Team and legal firms Addleshaw Goddard and Harper MacLeod.

The deal was completed within three months of approval.