The Madison Group (TMG), a leading national source of RV
Park financing, arranged a $1MM+ SBA 7(a) loan to purchase an RV
park/campground in Colorado.
The 33-pad park has been a long-standing RV park in the
area. TMG helped the new clients secure an SBA 7(a) loan to purchase their
first RV park. TMG also helped the clients navigate through three different
appraisers because the first two contracted COVID while on assignment.
Location: Colorado
Property: RV Park
Interest Rate: 5.50% -
adjusted quarterly
Term: 25 years
Amortization: 25 years
Prepayment: None
LTV: 82 %