2022 Closing Highlights from Bank Five Nine

As the second largest SBA 504 lender, Bank Five Nine can offer aggressively low rates for your self storage opportunity.

Bank Five Nine’s 2022 closing highlights include:

Deal Size: $14 Million
LTC: 90% Financing
Location: Utah
Lender: Nick Collins
Program: Combination of SBA 504 and SBA 7a for interest carry and start-up costs
Details:

  • 118,200 NRSF
  • New self storage development

Deal Size: $4 Million
LTC: 85% Financing
Location: Tennessee
Lender: Nick Collins
Program: Combination of SBA 504 and SBA 7a for interest carry and start-up costs
Details:

  • 36,800 NRSF
  • New self storage development

For more information, contact Nick Collins at 262.560.2016 or nick.collins@bankfivenine.com.

 

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