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Campkin’s RV Centre and BDC: Working together for continued success

Campkin’s RV Centre and BDC: Working together for continued success

The true success of a company can often be gauged by return customers, and Campkin’s RV Centre, a recreational vehicle dealer specializing in the sale and servicing of towable RVs, is proud that many of its clients are second‑ and third‑generation campers whose parents trusted Campkin’s with their purchases.

Campkin’s sells and services everything from fold-down campers, lightweight trailers and fifth wheels, to hybrids and toy haulers, and boasts one of the largest RV parts and accessory inventories in the Greater Toronto Area. Campkin’s built a new facility in 2004, but when sales increased from $6 million to more than $9 million annually, it became apparent that an outside display area was necessary. Campkin’s decided to expand to a neighbouring four-acre site that would offer greater selection options as well as a storage yard to hold customer units, allowing for growth of that side of the business. The company contacted the Business Development Bank of Canada (BDC), which provided funding to allow for increased inventory, additional capital expenditures and extra marketing, making the planned expansion possible.

Since then, Campkin’s has experienced more than 35% growth in RV sales and 20% growth in customer unit servicing. BDC’s help has not stopped there: BDC Financing is now assisting Campkin’s with the succession of the business from current owner Brad Campkin—son of Mr. Laurie Campkin, who founded the company in 1973—to long-time General Manager Roland Goreski. Says Brad Campkin: “BDC's involvement allowed Campkin's RV Centre to grow our business during a soft economy; when the industry was stagnant, we were expanding.”