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EPISODE 7: Financing – Keys to Success in Securing

We’re having raw conversations with RV and boat storage experts on our Toy Storage Nation podcast! Tune in to hear their responses to this edition’s probing questions and more:
  • What should be done for a project before seeking financing?
  • Can you explain the types of loans available? 
  • How do SBA loans work and what are the benefits?
  • What documentation will a lender need and how up-to-date do they need to be? 
  • How long does it typically take to secure financing? 
  • What is a mortgage brokerage /real estate financial advisor, and how do they assist in the process?
  • Is it harder/easier to get financing for a Class A RV & Boat storage vs traditional?
  • How does the process differ when acquiring a facility vs starting from the ground up
  • What’s the best way for a borrower to educate the lender on the competitive landscape for a Class A RV & boat storage project?
  • What are other options to look at beyond traditional bank loans and what might the benefits be?
  • What are the benefits of a partnership/joint venture.
  • What are the benefits of going green?

Participants:

Amber Crucian
Amber Crucian
AVP-Self Storage, Live Oak Bank
Contact: amber.crucian@liveoak.bank
336-817-7754
Shawn Hill
Shawn Hill
Principal and Founding Member, The BSC Group
Contact: shill@thebscgroup.com
773-517-8504
Neal Gussis
Neal Gussis
Executive Director-Capital Markets, SPMI Capital

Contact: ngussis@stratprop.com
847-922-3750

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