Self-storage is a real-estate-backed business with strong, steady cash flow — which makes it very financeable. Self-storage financing funds acquisition, construction and upgrades so you can grow your rentable square footage.
What self-storage business owners fund
- Acquisition — buy an existing facility
- Construction & expansion — add buildings and units
- Upgrades — gates, cameras, climate control and software
- Working capital — marketing and operations between lease-up
Buying or building? Because storage is real-estate-backed with reliable cash flow, SBA 504 can fund it with a long-term fixed rate and as little as 10% down.
Funding options
Commercial real estate loans and SBA 504 fund acquisition and construction with long terms and low down payments; lines of credit and working capital cover upgrades and operations.
Typical guidelines
| Requirement | Typical minimum |
|---|---|
| Time in business | 6+ months (startup options for equipment) |
| Monthly revenue | $10,000+ for revenue-based options |
| Credit score | No minimum on many programs |
| Documents | Application + 3 months bank statements |
Frequently asked questions
How do I finance buying a self-storage facility?
Commercial real estate loans and SBA 504 loans fund acquisition and construction, with long terms and around 10% down on owner-operated facilities.
Can I finance storage upgrades like gates and climate control?
Yes. Equipment financing, lines of credit and working capital cover security, climate control and management software.