Mike Castleman first connected with Live Oak Bank’s Terry Campbell at a self-storage industry conference in 2015. Six months later, when the time came to build Pflugerville Self Storage, he reached out to Live Oak and began working with Loan Officer, Anna Taylor.
Changing gears from his work in technology, Mike set out to find a lender with ample self-storage experience. “You can know a lot about something but you can also have done a lot about something, and Live Oak brought both,” said Castleman.
Watch as Mike explains how an SBA loan and working with Live Oak allowed him to build a new facility on five acres in Pflugerville, Texas.
“Owning your own business gives you a sense of personal accomplishment. The calendar never stops, the day never stops and that’s empowering. I really enjoy owning my business in this space – in self-storage.”
Self-Storage owner/operators like Mike have used Live Oak to gain capital to build, expand, or renovate facilities. Since Spring of 2015, Live Oak has lent over $247 million dollars to industry professionals nationwide.
“If you want to have the best in the business, Live Oak Bank really has what it takes to make you successful guaranteed.”