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Gas Station Financing
Editorial Rating:
Average Rating:
(
2 votes)
(
2 votes)
| Credit/D&B: |
| Clear |
| Experience: |
| 3-years owning/operating a gas station |
| Min. Units Operated: |
| One Unit |
| Collateral: |
| Land, Building & Equipment |
| Advance Rate: |
| Up to 80% of L.B.&E |
| Equity: |
| Verified funds available |
| Volume Test: |
| 750,000 Annual Gallons-Fuel |
| Seconday Income Source: |
| 25% of Gross Profit |
| Brand: |
| Major Brand or newer unbranded |
| Operator: |
| Dealer and Jobber - owner-operated |
| Documents Needed: |
| Application Origination Fee (.5%) Tax Returns - 2 yrs business Tax Returns - 2 yrs personal Personal Financial Statement Corp Financials: Consolidated (2 years) Current Balance Sheet Corporate Dept Schedule (current) Unit Financials: Site level (2 years) Owner's Resumes & Company History Supply Contract Appraisals (if available) Environmental Reports (if available) Purchase Contract (if available) MPSI Study (new contruction only) Projections (New or Major Remodel) |
| Contact: |
| Scott Poulsen |
| Phone: |
| (949) 250-6488 |
| Fax: |
| (866) 607-1593 |
| All items created by seller in this section | |
|---|---|
| Offer Your Clients Even More Financing Options with Our Newest Property Type | I am excited to let you know about a new program feature that can mean BIG things for your commercial business. Metwest has now added Gas Stations to our full doc’s loan program list of qualifying property types, based on the following criteria: |
| Gas Station Financing | |
