Wilmington, N.C.-based Live Oak Bank has launched an interactive video designed to educate viewers about self-storage financing. The lender has integrated 12 original videos into a single platform that allows users to explore four categories: self-storage lending, loan terms and use of proceeds, tips to operate a successful storage business, and information specific to Live Oak.
After an introduction from Terry Campbell, general manager, viewers can choose their topic of interest. Each includes multiple video options, presented by Campbell as well as senior loan officer Moe Kruger and loan officers Bishesh Shrestha and Anna Taylor.
“We created our interactive video to help people understand what we have to offer to the self-storage industry,” Campbell said in a press release. “Our goal is to educate the industry on the financing options available, especially [Small Business Administration] loans, and why these products are a viable option for many owners and operators.”
“This video provides information on how to obtain financing for your facility, how to choose the right location and market your facility and ultimately how to become a successful owner. All of this information helps to strengthen our industry, which is our goal as lenders,” Campbell added.
The video is viewable through the “Loans” page at liveoakbank.com. Users should select self-storage from the lending options.
Founded in 2008, Live Oak originally focused on lending to veterinarians before expanding to other healthcare-related industries and specialty areas such as self-storage. The bank provides small-business loans for acquisitions, new construction, refinancing and other real estate loans.
- Live Oak Bank: Self Storage Interactive Video