Tampa RV company secures $35M in financing for expansion

  • By Jim Stinson
  • | 4:45 p.m. January 2, 2024
  • | 0 Free Articles Remaining!
The Bowlus Volterra luxury trailer, sold at five Lazydays locations.
The Bowlus Volterra luxury trailer, sold at five Lazydays locations.
Courtesy image
  • Tampa Bay-Lakeland
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Seffner-based Lazydays says it closed on a $35 million mortgage loan facility funded by clients of Coliseum Capital Management.

The loan is secured by mortgages against certain dealership facilities and land held for future development. It bears an interest rate of 12% and matures in December 2026, the company says in a Tuesday news release.

The apparent aim of the facility is to own, not rent.

 

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