We recently participated in a webinar hosted by List Self Storage focused on financing options for your self-storage assets. Live Oak Bank’s General Manager, Terry Campbell, joined Shawn Hill of The BSC Group and Chris Jernigan of Jernigan Capital on a panel outlining financing options for the industry. Terry covered SBA 7(a) and 504 financing. Here are three takeaways from his presentation.Listen to it here! Webinar: Financing Options for Your Self Storage Assets #SelfStorage Click To Tweet
- Live Oak’s team focuses solely on self-storage. If you are interested in working with a bank that knows the industry and will guide you through the loan process, we have you covered.
- Although SBA loans require a lot of paperwork, Live Oak does everything electronically. With our technology platform, Portal, you can access the progress of your loan at any time. With Portal, you can upload and E-sign documents and easily video or voice chat with your loan team members.
- There are many attractive components to SBA 7(a) loans including no balloons or covenants. Whether you are new to the industry or a veteran, we are here to help. Contact us to learn more about our loan program and get started.
Want to learn more? Click here to listen to the full webinar.