As an RV park or outdoor hospitality business owner, you’ve witnessed a steady increase in RV purchases and cross-country travel. RV parks and outdoor hospitality businesses are a rapidly growing commercial real estate segment. As a result, many owners are adding new sites and amenities to their properties, developing additional locations or acquiring competitors. If you’re considering a project or acquisition, you may need financing to help you meet those needs.
Live Oak Bank’s team of RV park and outdoor hospitality financing experts understand the nuances of this business. Live Oak offers long-term financing to help develop RV parks, park acquisitions, and refinance and is here to help you reach your goals.
If you have a project that exceeds the SBA 7(a) $5 million limit, our combination financing program can be a creative solution. We pair an SBA 7(a) loan (of up to $5 million) with a conventional loan (amount based on need) and a line of credit when needed.
Need a little guidance and advice? Contact a loan specialist, they’re ready to help.
