Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Business loans to buy an RV park

Help give others their dream vacation while running your own business.

Editor's choice: Lendio business loans

  • Network of over 300 lenders
  • 10 types of financing available
  • Positive reviews of customer service
Go to site

For those who don’t want to rough it in a tent, an RV is the way to go. You can find RV parks and campgrounds in prime locations and vacation spots right around the country. If you’re thinking of buying an RV park, either to manage yourself or as an investment, there are several things you need to consider before signing the contract.

How can I finance the purchase of an RV park?

You can finance the purchase of an RV park with a commercial loan that’s secured by the property. However, as these properties are generally seen as specialized security, some lenders may classify them as high-risk investments. That means higher down payments of 25% to 30% of the property’s value.

If you’re buying a lower cost RV park and want to pay for it completely upfront, you may be able to use an unsecured, fixed-term business loan. Lenders often require that you provide evidence of your financial situation, details of your relevant management experience and a business plan that shows revenue and cash flow forecasts.

If you have existing RV parks in your business portfolio, your chances of approval will likely be higher. Your accountant can help you draw up comprehensive business statements that could help improve your chance of approval and get you a decent rate.

Business loans to consider when buying an RV park

Name Product Filter Values Loan amount APR Requirements

OnDeck small business loans
Finder Rating: 4.7 / 5: ★★★★★

OnDeck small business loans
$5,000 – $250,000
As low as 35%
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.

Fora Financial business loans
Finder Rating: 3.4 / 5: ★★★★★

Fora Financial business loans
$5,000 – $500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.

Lendio business loans
Finder Rating: 4.75 / 5: ★★★★★

Lendio business loans
$500 – $5,000,000
Starting at 6%
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.

ROK Financial business loans
Finder Rating: 4.7 / 5: ★★★★★

ROK Financial business loans
$10,000 – $5,000,000
Starting at 6%
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.

LendingClub personal loans for business

LendingClub personal loans for business
$1,000 – $40,000
8.05% to 35.89%
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.

Compare up to 4 providers

How much does it cost to buy an RV park?

What you’ll pay for an RV park or campground varies and can depend on if you buy both the land and the business, buy the business and lease the land or buy the land and start the business from the ground up. Generally speaking, small RV parks in less popular areas could cost as little as $300,000 while the most successful RV parks can cost over $1 million to purchase.

Other considerations may include:

  • The size of your down payment
  • The location and size of the property
  • Annual business earnings
  • Accommodation options, including cabins and areas for tents
  • Guest facilities, including tennis courts, swimming pools, playgrounds and club houses
  • Occupancy rate and frequency of return customers
  • Number of staff, their experience and qualifications
  • Market conditions, including competition from other local accommodation providers

This is far from an exhaustive list. Accurately valuing a business is complicated. Beyond the purchase price of the property and business, determine if you need money for immediate improvements and repairs. With this in mind, consult with your accountant or business advisor to determine a fair price for your RV park.

What business factors should I consider when buying an RV park?

An RV park is a big investment that takes time, so consider these factors before making your purchase:

  • Your experience. Previous experience managing a camp ground, hotel or other vacation spots similar in size to what you’re looking to purchase will impact the success of your loan application. Experience can also have an impact on the profitability of your business.
  • Your qualifications. A degree in hotel or hospitality management, an education in business and years of experience all add up. These qualifications will set you on the right path to owning and managing a campground or RV park, and it may strengthen your loan application.
  • Licenses and permits. Depending on what kind of park you’re purchasing, you’ll need licenses and permits from government agencies like the Department of Environmental Protection or the Department of Revenue. Requirements vary by state, county and city, so consider contacting a commercial property lawyer to hammer out the details.
  • Occupancy levels. If you’re buying an operating park, consider how full or empty it is during the busy season. Benchmark occupancy levels change frequently and vary by location and season, but as a general rule, an occupancy rate of less than 50% represents an underperforming business.
  • The amount of annual stays. Return customers are key to almost any business. People who want to become annual site holders can make a difference in the financial stability of an RV park or campground. Look for a park with a decent amount of annual site holders.

How can I make sure the business is worth buying?

If you’re buying an RV park that’s up and running, it could make it that much easier when transitioning owners. But before you decide if it’s a worthwhile purchase, dig into its finances. Consider these points when evaluating a business’s worth:

  • Business finances. What is the park’s recurring net operating revenue, and how has it performed over the past five years? Are there opportunities for growth or improvement? If buying as an investment, you’ll also need to consider the financial stability of its tenants.
  • Reason for sale. Are the current owners looking to make a profit, or is there a more serious underlying reason why they want to offload the park?
  • Occupancy levels. Lenders will generally want to see a campground or RV park with high occupancy levels before approving a business loan application. Checking year-round occupancy levels, including the ratio of annual site holders, gives you an idea of where the strengths of the business lie and where there is room for improvement.
  • Location. Look at both the park’s proximity to local attractions and the competition from other accommodation providers. Does your park stand out from the competition? If not, how expensive would it be to improve it so that it does?
  • Facilities. Does the park have the necessary facilities for the type of guests you’re trying to attract? For example, if young families are your primary market, does your park have a playground, swimming pool or club house? Are you located near other recreational options in the surrounding area?
  • Building and pest report. No one wants to stay in a park where there are problems with ants or mice, and being in nature can make it difficult to control. The price for pest control can be high, so make sure you ask about issues or if renovations are needed. You may be able to negotiate a lower price or avoid making a bad investment.
  • Lease terms. If buying the business but not the property, look for a long lease term that allows you enough time to grow the business and pay off your loan. Have your lawyer take you through the lease agreement to make sure you’re fully aware of your rights and responsibilities in terms of maintenance and upkeep.
  • Local restrictions. If you’re planning on renovating or upgrading the park, check with the local governing agencies to find out if there are any restrictions on what you can or can’t do. Some states may also have additional rules and regulations outside your area.

Bottom line

Buying a campground or RV park can be a solid way to earn a steady income and own a business, but because of the different regulations across states and within counties, you may have a hard time pinning down the right property. Once you’ve built up your savings for a down payment and found a business you want to buy or the land you want to use, you can find a business loan to finance your purchase.

Interested in purchasing a different type of business? Check our guide on business loans to buy existing businesses.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

2 Responses

    Default Gravatar
    AudraAugust 19, 2019

    Trying to purchase a campground and need financing

      Avatarfinder Customer Care
      nikkiangcoAugust 20, 2019Staff

      Hi Audra,

      Thanks for your message. It’s nice to hear you are purchasing a campground. The information above shows how you can do just that! To start comparing lenders, go to the part that says “Business loans to consider when buying an RV park” and enter your credit score and state.

      Click the GO TO SITE button to be brought to the main provider’s webpage or click MORE INFO to read through the lender via a Finder review page. Once you have a deposit ready, you can proceed with your application. As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps. Feel free to reach out to us again for further assistance.


Go to site