Financing an RV Park Purchase: What Buyers Need to Know Before Closing the Deal
Buying an RV park? Learn about financing options, lender requirements, and strategies to secure the best terms.
Introduction:
Buying an RV park is an exciting investment, but securing the right financing can make or break your deal. Understanding your financing options before you close will help you save money, reduce risk, and ensure a smooth transaction.
1. Loan Options for RV Park Investors
There are multiple ways to finance an RV park purchase. Here are the most common options:
✔ Traditional Commercial Loans – Offered by banks, typically require 20-30% down and strong financials.
✔ SBA 7(a) & SBA 504 Loans – Great for first-time buyers, offering low down payments (as low as 10%) and longer repayment terms.
✔ Seller Financing – Some sellers offer direct financing, which can mean lower down payments and flexible terms.
✔ Private Lenders & Investor Groups – Higher interest rates but faster approval times and less red tape than banks.
2. Lender Requirements & Loan Approval Process
To qualify for financing, lenders will evaluate:
✔ Your credit score & financial history
✔ The RV park’s revenue & expense reports
✔ Occupancy rates & cash flow projections
Having clean financial records for the park will increase your chances of approval and better loan terms.
3. Due Diligence Before Closing
Before finalizing the purchase, you’ll need to:
✔ Review profit & loss statements and tax records
✔ Inspect infrastructure, roads, septic, and electrical systems
✔ Verify zoning regulations and business permits
Skipping due diligence can lead to unexpected costs down the road.
4. How a Broker Helps Buyers Secure Financing
An experienced RV park broker can:
✅ Connect you with lenders specializing in campground financing
✅ Negotiate seller financing options to reduce upfront costs
✅ Ensure the deal structure meets lender requirements
🚀 Need help securing financing for your RV park investment? Let’s discuss your options. Schedule a consultation today.
Dylan Kidd is the Founder and Managing Partner of Campfire Capital Group, leading investments in the outdoor hospitality industry. Since 2018, he has specialized in buying, selling, and scaling RV parks and campgrounds, leveraging his deep industry knowledge and hands-on approach.
