Financing for Self Storage Equipment - Janus International

Financing for Self Storage Equipment
Updating, adding or converting self storage components is a viable option
through Janus International and Self Storage Equipment Financing
RENOVATION
EXPANSION
BEFORE
BEFORE
after
after

Thousands of self storage facilities are in need of renovation
to remain competitive.
Does lack of funding have you at a standstill?
The number of outdated facilities in the U.S. is staggering, not to mention those proposed conversions and new facilities that
remain merely an architect’s rendering. The funding roadblock is resulting from unavailable upfront cash or conventional loan
routes that are just too costly. To increase your revenue you need to update your facility; yet lack of revenue keeps you from
updating your property. It’s a long-standing Catch 22, but today there is an alternative.
Janus International has aligned with Self Storage Equipment Financing, a firm focused solely on providing financing terms for
removable storage equipment such as doors, partitions, soffits, diamond plating and more. Self Storage Equipment Financing
offers low down payments, affordable monthly payments and low interest rates. At the end of the term the equipment is yours.
Equipment financing allows owners and developers to move forward with plans for door replacements, rehabs, new unit
construction, conversions and even relocatable storage units. With the barrier upfront investment removed, you can even
reposition your facility to include wine storage and business services. The bottom line is that we allow you to impact your
future easily and affordably.
Conversions—financing your equipment can quickly turn a blank canvas into revenue-producing units
after after after
Door replacements are an easy way to rejuvenate your curb appeal and boost rentals
after
after

Financing Your Project Pays for Itself and More
Any storage owner will attest that you can raise your rental rates
immediately after you complete your renovation, whether it be a rehab,
unit addition or relocatable storage addition. Your investment will start
paying you back the day you complete your project.
For example, the facility you see below was able to raise its rent across the board by 15% (for both street rates and existing
customer rates). The owner was able to see an immediate boost in revenues. Factor in the increased value a renovation adds,
and this owner’s $70,000 investment yielded almost a 28% increase in value. For a detailed breakdown of this renovation
project, visit www.storageequipmentfinancing.com/math
BEFORE AFTER AFTER
MASS Relocatable Storage: A Natural Fit for Financing
Janus’ Movable Additional Storage Structures (MASS) are an economical alternative to standard unit construction. Manufactured
from the same quality steel materials as traditional Janus products, MASS units can often be placed in areas where constructed
units would not fit or pass building permits.
MASS units are approved at fair value. For instance, a MASS unit may cost $3800 in materials, $500 in freight and $1400 for
installation. The fair value loan would be $5700.
For complete details on our MASS units, visit our website at www.janusintl.com/products/Portable_Storage/ or email
Linnea Johnson at linneaj@janusintl.com.
“We have been waiting
for a refinance to go
through which has been
a struggle for the past 10
months. Today we are
finally closing. We will
need equipment financing
on the MASS units, so
your new service is very
important to us.”
MASS units increase your rentals without the construction fees.
Relocatable units can earn rent on otherwise unused space.
—David S, Austin, TX.

Frequently Asked Questions
Is Janus now financing their products and services?
No, we have teamed with Self Storage Equipment Services (SSEF), an Atlanta-based company, who handles the financing
equipment for self storage owners and developers.
What will SSEF finance?
SSEF will finance removable products, such as doors, soffits, hallway partitions, piers & headers, etc. Items such as roofing,
gating and paving would not be applicable, as they do not meet the criteria for collateral. Our MASS units also qualify for
financing.
What is the minimum down payment?
While the minimum is subject to application review, it may be as minimal as first, last and one month security deposit.
What are the interest rates?
Rates vary by institution, but 12-14% is the average. Rates and terms would be determined by the finance company after
application is completed.
What is the minimum loan amount?
There is not a minimum per se, but financing is usually an option when looking at least at $10,000.
What is the maximum loan amount?
There is not a maximum amount per se, but $75,000 is the initial threshold. Underwriting becomes more
complicated over $75K.
Is this a lease-to-own transaction?
Yes; lessee selects a 3-5 year term; the equipment belongs to them at the end of the term.
How long is the approval process?
About 48 hours.
Is lending available to international customers?
Canada is approved; other countries are being determined.
Is product installation and freight included in the loan amount?
Yes, it is included.
How does a customer proceed in exploring financing?
A customer will work with their Janus sales manager to get a quote created, which will be forwarded to SSEF. They will then
contact the customer to start the application process.
Headquarters
134 janus international blvd.
temple, georgia 30179
+
10407 rocket blvd.
orlando, florida 32824
+
13374 west peoria avenue
surprise, arizona 85379
+
1256 brittmoore road
houston, texas 77043
+
2535 west la palma avenue
anaheim, california 92801
Self Storage Equipment Financing
3625 Cumberland Blvd., Ste. 450
Atlanta, GA 30339 · 770.846.9356
www.storageequipmentfinancing.com
Questions? Contact
financing@janusintl.com
for more details.
superior product + recognized value
1 866 562 2580
www.janusintl.com