Lending options for RV storage in GA

[Tyler Hardy]

I'm under contract on a piece of property that I plan on developing into an RV storage yard in Zebulon Georgia. I was going through the motions with Live Oak Bank but their requirements for the percentage of covered storage are making things less feasible. My plan was to hold off on covered until the price of steel levels out. I've now spoken with a number of other lenders and all seem to be leaning towards an SBA package. I love that this offers me 90% financing and the ability to roll in construction costs and even working capitol, but is this the best path? I'd love to find private financing but this is my first development and I'm sure that's not appealing to a private money lender. I talked with Lending One but they apparently only deal in residential property and stay away from commercial. Is the SBA 7(a) the best fit for me? Should I be exploring more creative financing methods? I know this is not a lot of info for such a complicated question, but it never hurts to ask.