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We Provide Self Storage Loans Nationwide

Self-storage real estate as a business is not for everyone. However, for the private investors, small/middle market real estate entities, and family offices that are into it, their need to access commercial mortgages, construction loans, cash out leveraging, refinancing loan vehicles, CMBS, bridge lending, mezzanine financing, preferred equity, and real estate private equity creates big activity for us.

Self Storage Loans

Throughout the USA, private investors trust Clopton Capital to help them with the acquisition, conversion, and refinance of self-storage properties. Whether you need working capital, are trying to structure a deal across multiple owners, or want to expand your assets or access funds from a cash-out refinance, we can help. If you’re looking for a bridge loan or longer-term solution, we’ll help assess the value of the property or stabilize your liquidity and reach any investors objective relating to self-storage financing.

Self-storage Loan For Your Property

What we have found is that there is a big need for financing self-storage facilities. This type of commercial real estate is often seen as a great opportunity to create a fantastic cash flow for the right investor. As a result, many investors have been going after these types of properties more frequently.

How Does It Work?

The way our self storage financing process works is that we will work with you to find the best property to invest in. We will then help you get the financing you need in order to purchase the property.

Why Use Clopton?

Our company has a lot of experience in the self storage financing market. We know what to look for and how to get you the best financing possible for your needs.

Self-storage Loans Offered by Clopton Capital 

For any self-storage facility, we can offer a variety of terms and structures for a commercial loan or term loan, including SBA loans. Below is a general outline of our capabilities:

Our loan programs have a minimum loan size of $1,000,000 with technically no maximum.

The typical maximum 1st mortgage loan to value is 75%, with higher LTV’s of up to 85% available by using mezzanine or pref equity.

Our programs have several fixed rate options, starting at variable rates up to 25 years fixed.

Typically we can achieve between 3 – 5 years interest only at maximum leverage, with full term interest only starting at around 65% depending on the property.

The vast majority of our programs are non-recourse, however some require personal guarantees.

Every market in the United States is available.

Regardless of where the property is in the life cycle, we will have a highly competitive loan option for it.

For New Construction

We can lend via construction loans or a conventional 1st mortgage. If you have a project in development, we will look at the following details in order to determine what loan option is best for your situation:

For Acquisition

We can finance the purchase of an existing self-storage facility, as well as provide cash out for renovations, expansions, and other purposes.

For Expansion

If you are looking to grow your business, we can finance the expansion of an existing self-storage facility or help you to purchase a new one.

Please don’t hesitate to contact us if you have any questions about our self-storage financing products. We would be happy to help you get started on the path to owning your own self-storage facility.

For Renovation

We can help you renovate an existing self-storage facility or finance the purchase of a new one.

How To Get The Financing

The process of getting financing for a self-storage facility can seem daunting, but it doesn’t have to be. At Clopton Capital, we are here to help you every step of the way. We will work with you to find the best property and then get you the financing you need to make the purchase.

Conditions For Funding Approval 

In order to be approved for financing, your self-storage facility will need to meet certain conditions. These can vary, but sometimes include:

The property must have a minimum of 10,000 square feet of rentable space

The property must be in good condition and have no significant deferred maintenance issues

The property must be located in an area with a population of at least 150,000

In addition, the property must have been opened for at least two years.

If you meet these conditions, we can help finance your self-storage facility. We work with many types of investors and will do our best to find a loan program that works for you!

Documentation Needed

The documentation required for self-storage facility loans will vary depending on the loan program you choose. However, there are many similarities in the process, and we can help you determine which documents might be necessary to obtain funding.

Why Choose Clopton Capital for Self-Storage Loans?

At Clopton Capital, we are experts in the self storage business loans market. We will work with you to find the best property for your needs and get you the financing you need. Whether it’s a construction loan or a purchase of an existing facility, we can help!

We offer a range of loans for self-storage facilities, and our access to nationwide lenders gives us the best self storage facility loans available anywhere in the country. If you’re looking for commercial loans for self storage, here are some of the top reasons to choose Clopton Capital.

Best Terms And Rates 

We work with the highest quality lenders to ensure that you get the best terms and rates possible. We can help you get started today!

Available Nationwide 

Clopton Capital is a nationwide lender, and we can help you finance your self-storage facility no matter where it is located.

Experienced Team 

We have an experienced team at Clopton Capital that is committed to getting you the financing you need as quickly as possible. We understand how important it is to get started on your project, and we will work hard to make sure that happens. If you are interested in self-storage facility loans or would like more information, please contact us today.

Loan Security Options 

At Clopton Capital, we are able to offer a number of loan security options. Our standard loan package is backed by the value of the real estate, but if you have other assets that can serve as collateral, we can look at those as well. In addition, we may be able to accept personal guarantees from any qualified borrower or lender.

self storage financing

Our Cases 

Case Study 1

A partnership came to us to refinance and cash out of two self-storage facilities located in Washington and Portland. None of the partners wanted to guarantee the loans. They were looking for flexibility in prepayment and long-term fixed rates. We were able to structure a 70% LTV, $4 million & $3 million deals for the two properties with a bank partner that gave them flexible prepayment, a low 7-year fixed rate, 30-year amortization, with non-recourse.

Case Study 2

An investor through his LLC wanted to acquire and turnaround a self-storage facility in NC that had been under-performing due to mismanagement by the current owner. He wanted a non-recourse short-term deal that would get him acquisition dollars and rehab money. We structured a $5 million bridge loan with non-recourse, 70% of stabilized value, interest only with a very competitive rate, and it included rehab money for the borrower to execute his plan and implement his turnaround plans.

Case Study 3

A trust was looking to cash out refinance a self-storage facility located in Florida. The borrower was looking for maximum leverage, non-recourse, and maximum cash flow. We structured a $7 million CMBS loan that got the borrower 75% loan to current value, over $3 million cash out proceeds in his pocket, a very competitive 10-year fixed rate, and a 30-year amortization. This deal maximized both his cash proceeds and forward cash flow, all while keeping the deal non-recourse.

Get Self-Storage Financing Today

Self-storage property leveraging is an all-embracing real estate loan arena that begins with possibly a straightforward purchase transaction but reaches further afield into the world of new construction loans or securing bank mortgage advances for renovations or unfinished buildings. Refinancing for maturing self-storage real estate mortgages or those under pressure from rising variable interest rates is an everyday activity. Most importantly, if you have held your self-storage facility for a long time with resultant appreciation and you want a hard money cash out, this too is considered to be a real possibility.

To understand more about self-storage asset-backed funding, contact one of Clopton Capital’s commercial mortgage lenders by calling 866-647-1650 or using the Contact Us form available from the menu. You’re always welcome to work with us to find the right self-storage property loan rates and repayment plans to suit your every possibility. And with low closing costs attached to a straightforward documentation and underwriting process, your commercial loan process will be stress free.

Self Storage Loans FAQ

What’s The Right Self Storage Loan For Business? 

It depends on your situation. Contact us and we can help you determine the answer!

How To Get Self-storage Loans?

Start with Clopton Capital, the go-to source for nationwide self-storage facility financing.

In Which Types Of Self-storage Lending Can Invest in Clopton Capital?

We offer a broad range of self storage loans for all types of borrowers and applications. If you can’t find what you need here, let us know what you are looking for!

Contact Us - 866-647-1650