Self-storage loans are an important part of building or acquiring storage facilities, allowing the total cost to be spaced out over a 20-30 year period. Groves Capital understands the unique requirements of self-storage loans, and are here to provide the guidance and financing necessary to get your project off the ground.

When considering a self-storage loan, lenders will look at the operating financial performance, value of the real estate, the local market and the credit profile of the borrower. That’s why it’s important to make sure you meet the qualifications for self-storage loans. Generally, self-storage lenders look for:

Debt Service Coverage Ratio of 1.20, or greater
Cash down payment of at least 15% (but can be as high as 30%)
Credit Score of 650 or greater
Competency to operate the facility
No recent bankruptcies, tax liens, or foreclosures within 5 to 7 years

Up to

90%

LTV - Purchase

90%

LTV - Rate & Term

80%

LTV - CASH OUT

$150K up to $5M

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# Commercial Loans

Self Storage Facility

At Groves Capital, we understand that self-storage loans are a specialized form of financing. Our experienced team of loan officers can help guide you through the process and ensure you have a financing solution that works best for you. We understand that self-storage loans are an important part of building or acquiring storage facilities, and we have the expertise to make sure you get the funding you need.

So if you’re looking for a commercial loan to help finance the building or acquisition of a self-storage facility, Groves Capital can help. Contact us today to learn more about our self-storage loan solutions and see how we can help you fund your project.

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(866) 382-1466

# Apply For Self Storage Facility

Testimonials

"Kristin Howard is absolutely best !!!!!!!!! She stayed on top of my deal until closing date.Cant ask for better service . Thank you Kristin"

"Susan is the BEST! I have done several transactions with her and she has always been so helpful and made the process so easy. These can be stressful but with Susan it is always simple. Highly recommend!"

"We had the pleasure of working with Angel Pierro. He was supportive during this entire process and we would 100% use him again! Highly recommend!"

"I am so grateful to Maricris Duke for being so wonderful and helpful during the entire process. As a first time home buyer, I had a lot of questions and doubts but Maricris was there to answer and explain everything to me. Thank you for all the help to get the loan and ass…

"We had a very nice experience and had a quick aprroval!"

"Josh Settersten, was AMAZING to work with. Really really good at what he does. Professional, trustworthy, good listener and tries to get you the best deal out there. I learned so much about getting a mortgage from him. He delivered on all fronts. I am glad I had him in my co…

"Josh helped tremendously throughout the entire process of purchasing our first home. He was excellent at communicating and overall exceeded our expectations. I would highly recommend working with Josh!"

# Apply For Self Storage Facility

Why Should You Choose Us?

We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.

Customer Focused
Minimal Documentation

In-Houses Controls
Best Loan Services

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(866) 382-1466

# Apply Now!

Our Core Investing Service

Whether you’re looking to purchase a new home or refinance your existing home,Groves Capital can provide all the help you need.