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RV Parks and Campgrounds
Liberty Funding offers a wide portfolio of loan options, tailoring the loans to the financing needs of the RV Park/Campground owner.
We possess an in-depth knowledge of the industry. We understand the uniqueness of campground facilities, including the seasonality, the various forms of income, the typical capital expenditures, and the expense ratios commonly used; because of this, we can deliver funding that maximizes their value. In 2006 alone, we provided RV Park financing in excess of most banks throughout the country.
Liberty Funding arranges financing for campgrounds with a minimum loan request of approximately $500,000 although we can provide the most competitive rates for campgrounds seeking loans of over $1 million.
Typical RV Park Financing Loan features:
- Non-recourse (no personal guarantee) loans
- Interest-only financing is available
- Acquisition and refinancing mortgages available
- Up to 25-30 year amortizations
- 75-80% loan-to-value
- Nationwide service
- Low short-term and long-term fixed or floating rates available
RV Park Micro Loan Program (Loans from $500,000-$1 million) features:
- Acquisition and refinancing mortgages available
- Up to 25-30 year amortizations
- 75-80% loan-to-value
- Nationwide service
- Fixed or floating rates available
- Closings in 40-60 days
Liberty Funding realized that RV/Campgrounds was a very misunderstood property type and have been ignored by many local banks and national life-insurance companies. Liberty Funding is tapping into non-recourse, fixed-rate financing sources and bringing the capital to nationwide campground owners. This allows our clients to focus on managing their properties, not interest rate fluctuations. Our philosophy is to always be available, over-deliver on promises, and make sure we understand the needs of our clients.
Liberty Funding, LLC - 205 Powell Place, #104 - Brentwood, TN 37027 Office Phone: (800) 975-2691 Fax: (615) 312-8291
We Lend Commercially Nationwide!
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