400Bankers.com offers Gas Station/C-Store financing from $200,000+ (No Limit).
If you're looking to buy, refinance or build a gas station or convenience store it can be a very stressful and painful process. You've probably found out by now that it's very hard to find a lender/bank to close your deal. Banks just don't like to finance gas stations and c-stores because it's hard to verify cash flow, big problem if lender has to foreclose, and the whole process is just too long and fails at the end because borrower didn't know how to structure the deal to make it appealing to the lender.
So what do lenders look for?
#1 Cash Flow
#2 Collateral
#3 Credit
#4 Property Conditions
Use of Proceeds
- Purchase of an existing station
- Partner buyout
- Refinance of existing debt
- Working capital, in conjuction with above
Program Highlights
- Loans start at $200,000+
- Term up to 25
- Up to 100% financing for purchases, refinances and partner buyouts
- Quick & Easy Funding
- $30 - $100 Registration fee
- 0% to 2% broker fee depending on transaction size and type
- 1% - 6% lender fee
*Registration fee of $30 due at loan submission payable via paypal.
Program details: You will need a PDF reader such as one that www.adobe.com offers.
100% LTV Bridge Finance $500K to $10MM
Business only $250,000 to $1MM
Conventional Loan $300K to $20MM
Hard Money Loan $300,000 to $10MM
Stated Income/Asset $500,000 to $10MM
SBA 7a Loan $300K to $2MM
SBA 504 Loan $750,000 to $2MM
What we need to get you pre-approved?
Submit Loan Application
Personal financial statement
Credit report (3 scores and 3 reports)
2007 financials (seller/borrower)
2008 year to date financials (seller/borrower)
Last three years fuel gallonage (seller/borrower, if available)
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