Expanding our Accommodation, Group Booking Village in Tough Economic Times.
Thursday, February 26th, 2009Trying to finance a expansion project here at Redgum Village in Dandaragan is proving to be a interesting experience.
Banks want so little risk that they are shying away from what we need to do, for they struggle to see guaranteed business income in these uncertain times.

Sure I can see where they are coming from but we have a great business here and we need to get it up to the next level, and that involves borrowing money.
We could look at selling a share of our business to get a cash injection, thats a possibility, with obviouse pros and cons.
We could approach less secure type financers that command extreme interest rates, which has its pros and cons too.


