Campground Financing 

Campground Financing

At First Mid, we have extensive knowledge of the campground and RV park business. We’ve built strong partnerships with the leading institutions in the RV and Campground industry in Wisconsin and Illinois. This allows us to provide you with expert advice and financing options that are beneficial for your business, whether you are ready to expand your current park or purchase a new campground.

Financing that’s Beneficial for Your Business 

First Mid offers both conventional financing and SBA loan programs. No matter which loan option you choose, a portion of the down payment may be provided through seller financing. 

Conventional Financing 

  • Customized Financial Terms, including: 
    • Down Payment Options:
      • 30% down payment with maximum loan amortization of 20 years
      • 25% down payment with a maximum loan amortization of 25 years 
    • Variable or Fixed Interest Rate 
  • Alternative Payment Plans 

SBA Financing 

The U.S. Small Business Administration (SBA) 504 loan program is a unique financing option that works in conjunction with the bank and can be used to finance fixed assets, including commercial real estate, such as a campground. Low, fixed interest rates are available for up to 25 years with down payments as low as 20%. 

More than a Financing Relationship 

To run a successful campground business, you need more than a line of credit. To help you reach your business goals, First Mid offers a full-suite of financial products and services for our campground clients: 

  • Business Transitions and Succession Planning
  • Deposit Accounts and Treasury Management Services
  • Merchant Services with many options to accept credit and debit cards 
  • Remote Deposit or Mobile Deposit
  • Fraud Prevention Tools 

For help with campground financing, contact Phil.

Phil Whitehead

SVP, Market President