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Today’s guest, Moe Kruger joined Live Oak Bank in 2015 with over 25 years of direct banking experience. Since joining he has financed over $300 million for small businesses. After spending several years helping self-storage and mobile-storage business owners achieve their dreams, he is now working exclusively with RV park owners.
Main Points:
- Why RV Parks & campgrounds? Give us the numbers.
- What types of loans are available?
- Options for financing (one size does not fit all).
- SBA 7a loan
- Conventional loans
- Questions
Connect with Moe:
Biography of Moe Kruger:
Moe Kruger is a 31-year banking veteran that specializes in RV Park financing for small business owners. Over his 31 years in banking, Moe has been a branch manager, bank business development officer, residential mortgage specialist, private banking manager, commercial relationship manager before settling in and focusing on helping small business owners. He has a great love for entrepreneurs and has spent the past 17 years financing business acquisitions, real estate acquisitions, and construction lending utilizing the Small Business Administration programs. He has closed close to a billion dollars in loans over his banking career including $300,000,000 in loans with Live Oak Bank. Moe joined Live Oak Bank in 2015 as a senior loan officer for the self-storage vertical. He is proud of the Live Oak team being recognized as the nation’s top lender for six consecutive years from 2016 to 2021. At Live Oak Bank, he is focused on loans that include construction deals, acquisitions, conversions, and expansion deals for RV Parks and Campgrounds. He feels that the key to being successful is listening to what the client needs while being knowledgeable on all the financing options available.