Self storage is offered to individuals and companies who can store their goods in their own exclusively occupied, self contained, secured rooms or spaces for a fee. The customer has exclusive entry into the storage space that can be as small as a closet through to a large unit that is big enough to store business archives or the entire contents of your house because he/she is the only one in possession of the key. The self storage space that is rented is a fully self contained unit that is housed within a larger building or complex and is usually protected by CCTV coverage, alarm systems and accessed using swipe cards or PIN codes. Some facilities allow 24 hour access while other allow access only during normal working hours and the space can be rented by the day, week, month or for longer periods. Self storage units are a good way of investing in commercial real estate but it can be difficult to find self storage financing from a bank.
Most banks and other conventional lending institutions turn down applications for self storage financing even though the borrower's credit rating is good and the property is sound and well-occupied. This is because self storage financing is considered to be a small loan when compared to other commercial mortgage loans and many banks and lending institutions do not want to handle such a small transaction. In this way, many well deserving business people do not get the loans they deserve leading to disappointment and loss of what would have been a profit turning venture. Bond Street Capital can solve your self storage financing problems; it is not your typical lending institution but instead is a full service real estate lender that is not limited to any one type of loan product, program or sector. In other words, Bond Street Capital finds no loan application too small or too big to handle, be it for self storage financing or any other commercial mortgage.
When you apply for self storage financing, it is imperative to include the cost of dividing the property into smaller secure units in your business plan. This will ensure that the amount of self storage financing you apply for covers all your expenses. Although the additional costs of owning self storage units are high, they can be recouped in a short period of time as soon as they become occupied because the rental return of a storage unit is larger than an empty warehouse. Bond Street Capital is capable of generating self storage financing irrespective of the amount you need by providing multiple solutions through institutional and private affiliations that have been forged since 2002. Many lenders are inflexible and do not give borrowers the best financing solution or flexible terms on their mortgages. Bond Street Capital can customize self storage financing and any other loan to meet your specific needs and even has the flexibility of allowing you to move between loan programs should your needs change. You will pay no additional costs and will not suffer loss of time.
Don't let banks and other lending institutions waste your time and money with false promises of finding financing solutions to your needs; your solution to self storage financing is available at www.bondsreetcapital.com. Bond Street Capital generates loans on a national basis while offering exceptional customer service through more than 50 corporate and branch offices. So if you are a borrower looking for a loan with the best terms, Bond Street Capital has the right solution! |