Bulletin

Black Swan at Oldstead doubles luxury accommodation after funding deal with Santander

Luxury Rooms - Hotel has doubled number of luxury rooms - SantanderCB

Michelin-starred restaurant The Black Swan at Oldstead, set on the edge of the North York Moors, has more than doubled the number of luxury hotel rooms it provides following a significant funding deal from Santander Corporate & Commercial.

The move is in response to strong demand for its five-star accommodation. Founded a decade ago by the Banks family, the restaurant is now run by sons Tommy and James and a team of wider family and colleagues.

The funding from Santander has enabled the family to purchase a property close to the restaurant to create five luxury guest bedrooms, increasing the total number of rooms to nine.

The extra facility has helped the business meet oversubscribed customer demand and capitalise on Oldstead's image as one of the 'must visit' places in the North.

Tom Banks said: 'We were very pleased with how quickly the deal was approved and the efficient service that Santander Corporate & Commercial provided to support the expansion of our business.'

Luke Rowbotham, Relationship Director, Santander Corporate & Commercial said: 'We are delighted to support such a ground-breaking restaurant as it looks to capitalise on a highly successful business model.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?