Brixham Holiday Park back open for business following vital support from Lloyds Bank
A South Devon holiday park is back up and running and looking to sunnier times ahead following support from Lloyds Bank.
Brixham Holiday Park had to close its doors to holidaymakers throughout spring, when accommodation at the site would usually be fully booked, and furlough a number of employees.
In order to support staff and the working capital of the business while in lockdown, the business sought the help of Lloyds Bank, its banking partner of more than 40 years. The family-run firm was provided with a six-figure flexible loan to help support cashflow and maintain its status as one of the UK’s premier seaside holiday parks.
Back open for business as of July 4th, Brixham Holiday Park, a family destination on the English Riviera offering more than 100 apartments, chalets and caravans, is already welcoming a steady stream of customers once more. The self-catering site includes an indoor swimming pool and restaurant and has the beach right on its doorstep.
The business has been in operation since the 1970s and employs 11 full-time and 30 seasonal members of staff.
Simon Kirkpatrick, managing director of Brixham Holiday Park, said: “The whole tourism industry in the UK felt the effects of the virus. There was just so much uncertainty, but now things are starting to open up again.
“It has been challenging but we’ve needed to remain optimistic and understand that we are all in this together, and that outlook is finally paying off.
“Lloyds Bank has done a fantastic job in supporting us to navigate this difficult time. The bank has provided us with the financial reassurance needed to move forward.”
Jon Colebrook, relationship manager at Lloyds Bank, said: “We’ve been working with Brixham Holiday Park for more than 40 years, so understand just how much of an impact the outbreak has had on the business.
“Tourism was one of the worst industries hit by closures, and we recognise there are many similar businesses still in need of support. That’s why we’ll continue to be by the side of firms to help them minimise the disruption caused.”