It is 2014 and things are different today - actually beginning to improve. An atmosphere for golf course bank loans is beginning to open up again. It may be worth trying a bank loan application again.
Before starting I suggest you review this page - especially the 31-line lender's wish list: Financing Golf Courses.
The page above was written in 2010, but it holds virtually true today.
Don't forget Small Business Administration (SBA) loand today (2013). I'm hearing about successful SBA golf course loans in 2013.
Call me: 941-739-3990, or Email: email@example.com. First consultation is complimentary.