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Updated over 5 years ago on . Most recent reply

Self Storage lenders
Hello everyone,
Are there specific lenders out there for existing self storage facilities nationwide? Or have any of you had success with smaller local banks that have an appetite for self storage?
Thanks!
Drew
Most Popular Reply

Yes and Yes. Live Oak and Stearns bank are big SBA lenders for storage. But I'd recommend you start locally for no other reason than I am a bit old fashioned!
PS- You might find this BP hosted blog post to be of some value:
https://www.biggerpockets.com/member-blogs/3915/86452-how-to-fund-your-first-self-storage-deal