Self-Storage
Find your winning ally in the storage wars
Smart-risk lending solutions for self-storage property owners and developers
Self-storage is a vibrant industry and BizMoney is proud to finance the properties in which Canadians house their valuables.
We work with developers and asset managers across the country to achieve their goals through empowering advice and committed capital.
Throughout our history, we have amassed significant experience in lending and providing various forms of financing to self-storage operators who serve the needs of individuals and business clients.
End-to-end support for self-storage investments
We offer innovative solutions for self-storage acquisition, expansion, and refinancing. Backed by deep market understanding and a network of specialized lenders, we ensure real results that help you meet your objectives.
Self-Storage Service through the loan lifecycle
Standard Financing
BizMoney’s standard financing programs are favored by borrowers when acquiring a new property or refinancing an existing building. Loan terms typically range from three to five years, have a fixed interest rate, and are closed to prepayment for the term’s duration.
Bridge Financing
BizMoney’s bridge loan terms usually range from three months to three years, include floating interest rates and allow some form of early prepayment. Borrowers choose this solution until standard financing is secured or while they contemplate a property sale, a change in ownership structure or enhance their tenant roster.
Asset Repositioning
BizMoney enables owners to access a property’s equity for a short term, typically two years or less, to fund capital improvements or repairs without the need to raise capital from personal sources or less flexible, higher-cost alternatives.
Secondary Financing
A BizMoney second mortgage enables borrowers to access property equity and use it to purchase another asset or renovate/repair their existing property.
Construction financing
A BizMoney construction loan, whether CMHC insured or conventional, provides funds to cover the cost of building or rehabilitating a multi-family property with terms typically of three years or less.
Our Motto
Fast and Streamlined Self-Storage Financing
We understand that our clients need to work fast and efficiently in order to stay ahead of the game. That’s why we’ve designed our Self-Storage Financing process to be as fast and streamlined as possible. Here’s what you can expect when you apply for Self-Storage Financing with BizMoney:
1. Fill out our online application form
2. Provide any necessary documentation
3. Receive a customized funding solution
At BizMoney, our goal is to make Self-Storage Financing as accessible and hassle-free as possible, so that you can focus on what matters most – growing your business.
Self-storage appraisal specialist
Unlock your self-storage property’s potential with data-driven valuations from industry-leading appraisers nationwide.
Work with our licensed agents to secure competitive commercial real estate financing. Get in touch by filling the application and start your Journey now.
Our network of trusted professionals ensures that you receive the best possible rates and terms tailored to your specific needs.
Access the equity you’ve built in your home for other financial priorities including renovations, investments, debt or family obligations.
If you wish to renew your mortgage. Contact our Mortgage expert today to get the quote of your mortgage Renewal.
