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It's easy to get financing
loans on a campground RV park if you package the request so that the lender
wants to say "yes". That's where we come in. We specialize in
Campground Loans Financing RV Parks. While this
industry is fun and centers around recreation, the business end is serious
work. If you don't provide for year round cash flow and make sufficient profits
plus run a tight business operation, you'll be closing down before you know
it. Arranging just the right type of financing loans for your rv park campground
plays a large part in your overall business plan. Loan terms with fixed and
variable rates from two to thirty years are available with full doc income
qualifying as well as No Income No Asset Verification programs.
Interest rates on loans for
campground and RV Park financing are not standardized as in residential lending.
Your rate will vary depending on many factors. These include your loan amount,
your down payment, your credit scores, loan-to-value, condition of the property,
experience in business and other factors. As soon as we receive your full
application, we will get some pre-approvals from commercial lenders within 48
hours. At that time we can give you all the details including your interest rate
and program options. Maximum Financial has the background, experience and
knowledge necessary to understand the unique nature of the camping industry and
have the ability to custom fit a program to your specialized needs.
Getting a banker or lender to say
"yes" to your request for commercial RV Park - Campground financing
loans is an
art form. The package must be presented in such a way that the lender is
compelled to approve the request or it is likely to be rejected. These
properties have an unusually high land value in a ratio to the total value. Many
lenders will consider it as a "land loan" and tack on higher rates and fees. We
wont let that happen! Usually a banker has no experience with funding
these properties and no understanding of the business in general.
Therefore, financing for
campground loans can be difficult to find and time consuming to package. That's
where we excel. We educate them with a business plan summary in writing that make them want to
make the loan.
Owning and
operating this type of property can be fun, very rewarding and most important,
profitable. However, they are a time consuming job that offer challenges
on a daily basis and require a substantial investment of time and money. This
money is typically provided by the owner of the campground / RV park and loans
financing the commercial real estate property. Some expenses typical in this type property
include repairs, insurance, advertising, water, electric and sewage. These can
be overwhelming.
We are not the direct commercial lender. We do have numerous lenders that
we have approved to provide commercial funding directly to
our owners. We can use
our extensive expertise in these properties to place your request with the best lender for your
qualifications from our pool of
the leading commercial financial institutions. This enables us to better
prepare to meet the financial needs of the property operator, whether it is for
a new acquisition or a cash out refinance for expansion
or remodeling. This includes finding you the lowest down payment, the lowest
interest rate, and the appropriate term to fit your financial goals.
We fund more of these properties
than any other type of commercial real estate. We are experts in these
properties. If you will go to our quick application and request a
prequalification, we can have full terms and conditions on funding a program for
you within 48 hours of a complete application. We look forward to serving you
and all your financial commercial needs.
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