Question 1

How can an SBA 7(a) loan benefit my storage business?

Accepted Answer

An SBA 7(a) loan offers long-term, flexible financing designed to support the growth of your self storage business by prioritizing cash flow over collateral.

Question 2

What do I need to qualify for an SBA 7(a) loan for a storage facility?

Accepted Answer

To qualify for an SBA 7(a) loan, your storage facility must be a for-profit entity with U.S. operations, have good credit, and sufficient cash flow to support repayment.