Scale Finance Raises $2.5M Growth Capital for Travel Resorts


Travel Resorts offers membership-based services to consumers who enjoy luxury RV campground resorts across the country. Scale Finance recently provided advisory services throughout the process to secure a $2.5 million senior credit facility through First Bank, Inc.

Travel Resorts of Gettysburg LLC is a unit of Travel Resorts of America (TRA). TRA is a collection of private resort RV campgrounds that feature spacious RV sites, a better camping experience, a safer environment and a more family-friendly atmosphere that the typical RV clubs can provide. With now over 600 RV campgrounds to choose from, there is something for everyone.

The benefit of RV campground clubs is the access to luxury RV resorts not available to the general public. It starts with naturally beautiful settings in highly desirable locations nationwide. Add in countless activities a little history and all the kinds of amenities consumers would find at luxury RV resorts and consumers experience the best recreational vehicle camping experience available anywhere in the world.

First Banks, Inc. and its subsidiaries and affiliates offer a vast portfolio of products and services for both individuals and businesses.  In our fourth generation of family ownership, First Banks, Inc. now serves customers in 130 locations and has $6.23 billion in assets.

 

About Scale Finance

Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance LLC has offices throughout the southeast including Charlotte, Raleigh/Durham, Greensboro, Wilmington, Washington D.C. and South Florida with a team of more than 40 professionals serving more than 100 companies throughout the region.