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Storing Other People's Stuff is Big Business
by Bill on 07/17/2012
The Boulder County Business Report said last week that Guardian Self Storage is constructing a three-building self-storage facility with over an 80,000 square feet of rentable space in Superior, Colorado. The cost of the building is reported at approximately $4.8 million.
Entrepreneurs looking for self-storage financing are excited by the fact that SBA loans are now available for this type of business venture. Prior to October 1, 2010, the SBA had not provided small business loans for self-storage financing. SBA 7a loans can be used for adding on to an existing site or refinancing. SBA 504 loans may be used for funding new construction and can include land costs.
If you’re looking at your options for self-storage loans, consider partnering with SBA Loans Today. We can help you acquire self-storage financing, whether it’s through an SBA 7a or SBA 504 loan, and help you navigate the complexities involved in securing the right small business loan. Contact us today to learn how to get started.