Billboard Loans has funded $188 million in loans and investments since 1997 Here’s a list of our recent out of home transactions.
2023
September 2023 -We provided $460,000 in financing to a Florida out of home operator. The funding includes a $300,000 term loan to finance a two sided digital billboard and a $160,000 self insurance line of credit to finance the replacement of digital faces in case they are damaged. Digital billboard property insurance is prohibitively expensive in Florida due to recent storm damage claims and our client was able to save $45,000 in annual insurance expense by self insuring.
August 2023 – We provided a $125,000 revolving line of credit to refinance existing debt and provide funds for sign development.
June 2023 – We provided a $107,000 loan increase in a loan to finance the construction of a billboard in South Carolina.
March 2023 – We provided a $104,000 loan to purchase an easement under a billboard in New Jersey.
February 2023 – We provided a $140,000 loan to purchase and renovate four static billboards in Minnesota.
2022
July 2022 – We provided a $495,000 loan construct three billboard structures along I-26 in south Carolina.
May 2022 – We provided a $200,350 loan to finance the purchase of a billboard structure and the replacement of a digital billboard face in Florida.
February 2022 – We provided $128,750 in financing to add an additional digital face to two sided billboard in Florida.
2021
October 2021 – We provided $200,000 in financing to construct a digital billboard in Florida.
July 2021 – We provided a $1.0 million financing commitment to finance a digital billboard in New York
May 2021 – We provided a $175,000 term loan to finance construction of a two sided digital billboard in Pennsylvania.
April 2021 – We provided a $438,000 term loan to finance construction of a two sided digital billboard in New York.
2020
October 2020 – We provided $54,000 in additional financing to allow a billboard company to prepay land leases and to provide working capital.
September 2020 – We provided a $250,000 credit facility to finance the conversion of an on-premise sign to a two sided digital billboard in Nevada.
August 2020 – We provided $325,000 in financing to a Florida out of home company to construct three digital billboards.
June 2020 – We provided $158,000 in financing for the purchase of land and the creation of a billboard easement in Alabama.
March 2020 – We provided a $515,000 line of credit to an out of home executive, secured by a 2 sided 14 x 48 digital billboard.
January 2020 – We provided a $140,000 loan to enable an out of home executive to purchase equity in an out of home company.
2019
March 2019 – We provided a commitment of $320,000 to enable a a midwest out of home advertising company to purchase billboards in Minnesota.
March 2019 – We provided $85,000 in financing to enable a Texas out of home company to install a 10′ by 20′ two-sided digital billboard.
2018
November 2018 – We provided a $117,000 term loan to a Texas newspaper to finance the construction of a digital billboard.
October 2018 – We committed $380,000 to the purchase of a Minnesota out of home advertising company.
July 2018 – We provided a $375,000 commitment to an Alabama out of home advertising to develop new billboards.
March 2018 – We lent $261,000 to an Alabama out of home advertising company to develop new billboards.
January 2018 – We lend $600,000 to an Mississippi out of home advertising company to purchase some static and digital billboards.
2017
September 2017 – We lent $430,000 to a Washington outdoor advertising company to construct new billboards and retire personal and tax liabilities of the company’s owner.
August 2017 – We lent $125,000 to a Montana outdoor advertising company to finance new billboards.
August 2017 – We lent $35,000 line of credit to a New Jersey Transit Advertising Company to provide working capital.
May 2017 – We lent $175,000 to an outdoor company to develop billboards in North and South Carolina.
February 2017 – We lent a $127,000 loan to an Alabama outdoor advertising company to finance a two sided static billboard.
2016
December 2016 – We lent $200,000 to a Montana outdoor advertising company to refinance debt and construct new billboards.
August 2016 – We lent $43,000 to a Washington outdoor advertising company to finance the construction of new billboards.
June 2016 – We lent $114,400 to a Georgia Outdoor advertising company to construct a new billboard.
May 2016 – We lent $208,850 to an Alabama outdoor advertising company to refinance a lease, purchase a billboard and purchase a permanent easement.
May 2016 – We lent $130,000 to an outdoor company to to construct 16 billboards in North Carolina.
May 2016 – We lent $81,000 a Georgia outdoor advertising company to build three new signs.
April 2016 – We committed $30,000 to the purchase of a perpetual billboard easement.
March 2016 – We lent $156,000 to the purchase of two billboards and a billboard easement in Alabama.
February 2016 – We lent $150,000 to assist the purchase of billboards in North Carolina.
January 2016 – We made a $242,000 lease to finance the purchase of a billboard and an unbuilt sign permit in Texas.
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