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 £5 million for your tourism business.