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Buying & Selling Small Businesses

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David Cheng
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  • Investor
  • Houston
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SBA financing for RV Parks

David Cheng
Pro Member
  • Investor
  • Houston
Posted Apr 21 2024, 20:19

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 Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied Apr 23 2024, 16:51

SBA? Yes.

10% down? No.

  • Lender California (#1220177)

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Simmy Ahluwalia
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  • Lender
  • Atlanta, GA
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Simmy Ahluwalia
Pro Member
  • Lender
  • Atlanta, GA
Replied Apr 25 2024, 06:26

@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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