John Lindsey is only twenty-six years old, but he and his family have been in the self-storage business for over forty years. “My senior year of college, I started raising money to acquire my first facility in Summerville, South Carolina. Since then we’ve grown our reach from Summerville to Mount Airy, Shallotte, and most recently, Rockingham.”Family Tradition Inspires Success for Self-Storage Business Owner #CustomerSpotlight Click To Tweet
Watch as John Lindsey explains how an SBA loan and help from Live Oak Bank allowed him to acquire his latest self-storage facility in Rockingham, North Carolina.
Self-Storage owners and operators like John have used Live Oak to gain capital to build, expand, or renovate a facility. Since Spring of 2015, we have lent over $80 million dollars to industry professionals nationwide.Since Spring of 2015, we've lent over $80 million dollars to industry professionals nationwide Click To Tweet
“I think a lot of banks look to get into a vertical like self-storage and don’t have someone who’s had boots on the ground and understands the intricacies of the business itself. This was the easiest and most open relationship I’ve ever had with a lending institution.”