Financing new business - how much own capital needed.

[somnv]

Can anyone give me a rough idea of how much of my own capital I would need (as a rough percentage) in order to secure a bank loan for a new business? The business would be in the leisure sector, basically a campsite with a few other bits and pieces. I would need to buy the property and do all the building work so I apprecite the start-up cost would be high.

Thanks in advance for any feedback.

[Doctor Volt]

Ask different banks

[Sunnyone]

If you don't have personal assets to secure the loan against I think you will struggle.

We tried to get most of the banks to loan against signed (government) contracts and they weren't interested without directors guarantees backed by assets.