Arkansas Small Business and Technology Development Center
64 Case Studies
Case Study: Sacred Pines Resort and Event Center secures refinancing and loan readiness with Arkansas Small Business and Technology Development Center
A Arkansas Small Business and Technology Development Center Case Study
Sacred Pines Resort and Event Center secures refinancing and expands 78-acre retreat with Arkansas Small Business and Technology Development Center
The customer, Sacred Pines Resort and Event Center, was a first-time business started by a family that moved from California to Arkansas. Their challenge was navigating the complex refinancing of a lease-to-own contract for their property and learning how to run a multi-faceted business with several revenue streams. They sought assistance from the vendor, the Arkansas Small Business and Technology Development Center (ASBTDC).
The ASBTDC provided guidance by helping the owners transform their initial financial projections into realistic, bankable figures supported by market data. This assistance was instrumental in securing the loan needed to purchase the land. The solution streamlined communication with the lender and brought clarity to the business's financial sustainability, successfully enabling the transition from leasing to full ownership.
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