Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

Big Brand Management That Won’t Qualify

17 Apr 2026 · 1 min

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The SBA's owner-occupancy rule lets you hire a part-time site manager as long as you stay actively involved in running the business. But if you hand everything to a third-party property management firm and make no decisions, you don't qualify. This matters most for SBA loans between $400,000 and $2 million.

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Examples might be some of the very, very big large names that, you know, I'm driven by and seen all the time, where they manage third party for owners and the owners don't make any decisions. That would not qualify. Hiring a part-time site manager while you run the business is compatible with the SBA owner occupancy. So hiring a property management company, having No operational involvement is not in this range, folks. $400,000 to $2 million. It's going to be hard not to have involvement.