The Madison Group arranges a $2,000,000 loan to refinance an RV Park in Texas.

The Madison Group (TMG), a leading national lending source of RV Park financing, arranged a $2,000,000 loan to refinance an RV Park with adjacent RV & Boat Self Storage in Texas.

The clients had a stabilized RV Park with a current permanent loan and had just completed developing the adjacent land into an RV & Boat Self Storage facility using a construction-to-perm loan.  The client’s objective was to refinance both loans into one permanent loan at a lower interest rate and longer amortization period.

TMG was able to work with one of its trusted lenders that saw potential in this RVP & RV/Boat Self Storage combo based on its excellent location and growing demand in the market.  The lender provided a single loan that met the client’s objectives, which reduced the client’s total monthly payment by $10,000 per month.

The clients were so pleased with the refinance transaction that they stated “Truly, the thanks go out to all of you at TMG. We are extremely grateful that you made this happen.  Hands down, this has been the smoothest loan process we have ever experienced”.

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