SBA financing for RV Parks

SBA financing for RV Parks

David ChengPro Member
Investor · Houston · Member since 2020 · 8 posts · 0 votes

Hello, BP community,

Are there any lenders on here that provide SBA loans for RV parks? I am aware SBA loans are not as easily found so hopefully there's someone on here that do provide SBA financing services. Any leads are much appreciated.

Thank you in advance!

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  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    2y

    SBA? Yes.

    10% down? No.

  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    2y

    @David Cheng - So, SBA requires 51% of the income be associated with the owner-occupant.  If you can demonstrate this, then there may be some options.  For example, an RV Park that also had a restaurant on site and this qualified the applicant to go through SBA.  

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