AGA Premier Partner Spotlight: Business Finance Depot
Paul Bosley is the ARVC’s finance instructor for the National School and Perspective Owners Workshop (POW). Business Finance Depot has been a key source of financing for Yogi Bear’s Jellystone Parks (now Camp Jellystone) since 2017 and KOA since 2021. Paul is a contributing writer for Woodall’s’ Campground Magazine which has published 3 of Paul’s financing articles since 2021.
Frank Young has 35 years in commercial banking. His expertise is in lending, SBA loans 7A loans ,504 loans, real estate acquisitions, leasing and unsecured lending. He is a graduate of Adelphi University with a degree in finance. He is also a graduate from the Florida School of Banking at the University of Florida. Currently he is director of finance for Business Finance Depot. He enjoys helping clients achieve their goals by advising (coaching) them through the process of application until they receive their letter of interest from the bank. he lets his clients know he is always a phone call away with whatever questions they may have He works tirelessly to help each client fulfill their dreams of owning their own business and takes pride in their success. Their success is his success.
Q: Tell us a bit more about why you started a company in the glamping industry.
David Korse contacted me early in 2021 to exhibit as his 2021 trade show. He heard the I serve as ARVC’s finance instructor for the National School and the Perspective Owners Workshop. I agreed to exhibit and contributed an interview for their magazine)
Q: Tell us a bit about where your glamping business is today? Where do you see your business in the future?
Glamping is a high growth industry as a direct result of the pandemic and the basic needs of people to take vacations and time away from work alone or with their family. Adding glamping structures and park model cabins attracts a customer that does not own an RV but desires an outdoor experience. Recent studies published by KOA and ARVC report that younger families are attracted to glamping for family vacations.
Q: What are you most excited about within the glamping industry moving forward?
It is exciting to be a contributing part of this high growth industry offering financing solutions to perspective RV park and campground owners! It is rewarding to know we have helped many clients to achieve their dream of owning their own business!
Q: Do you have any advice for those that are just starting out?
The glamping business is growing day by day each year I see more and more clients interested in getting involved in the glamping. For clients interested in getting into this business you should have a business plan, biography, your products and services, competition, and good credit.
A big thank you to Paul and Frank for being a part of the AGA community and helping to move the glamping industry forward!
