The self-storage industry is booming! According to a recent survey, We estimate that almost 10 percent of Americans rent some form of self-storage space. Not to mention, from a commercial perspective, businesses are increasingly turning to self-storage solutions for their needs.
So why might you, as a self-storage owner, require a business loan? Plenty of reasons. Also, at First Union, we make it our job to help you get the financing you need when you need it. No surprises, no guessing games, just honest answers, and timely decisions.
Reasons for Looking Into a Self Storage Business Loan
Perhaps you want to expand your facility, add on more spaces. As the industry is only poised to grow it makes sense that you might want to grow with it! A self-storage business loan is ideal for helping you build out your facility.
You may want to hire additional help. If in fact, you are expanding, bringing on personnel is a smart way to keep up with the pace of operations. Also, updating your technology and your software could be of interest to you. After all, we live in a digital world in which everyone wants online access to just about everything.
Unlike some financial institutions, we understand the self-storage business and have helped many such companies thrive. Our fast application process can sometimes get you the cash you need in as little as two days! Products range from 5k to 500k, meaning there is a great deal of room for your business to grow! Plus, we offer one-on-one attention. You’re not just a case file—you are a company that we take a great deal of time getting to know. With a dedicated advisor, the process is relatively seamless.
Let First Union Lending help you procure that self-storage business loan you need. Call today to find out more.