Gas Station Financing and Car Wash Financing
Gas Station Financing and Car Wash Financing
Gas station and car wash owners have the need for external financing in common with all other small business owners. You may wish to add pumps or washing equipment that costs thousands of dollars, but taking money out of your business cash flow or personal savings might not be an option. Banks offering small business loans as a form of financing for car washes or gas stations will evaluate your requests based on factors that include your tax records, business plans, what assets you have available as collateral and whether or not you have bad credit. Additionally, since gas stations and car washes are considered "high-risk loan" businesses by banks, the chances that you may not be approved for the gas station financing or car wash financing you need are high. The approval process at a typical bank can take over a month since they must evaluate you so thoroughly. For business owners looking for gas station financing or car wash financing in order to pursue time sensitive opportunities, this can be too long to wait. Many small business owners may also feel uncomfortable putting up guarantees of personal assets against bank loans.
Horizon Business Funding is here to help small business owners get the gas station financing or car wash financing they need to succeed. We offer an alternative to a bank loan called a merchant cash advance. Since it is not a small business loan, we do not disqualify applicants based off of bad credit, and ask for no personal guarantees of collateral from business owners.
All small business owners can apply for gas station or car wash financing, provided they have been operating their business for at least 2-3 months and are making gross monthly sales of at least $15,000 a month. Within these guidelines, we have a 95% acceptance rate, so don't hesitate to apply now.
The shortlist on our gas station and car wash financing.
In the spirit of keeping things simple, we've broken down what makes a merchant cash advance a spot-on alternative to financing gas station or car wash businesses through small business loans by showing where Horizon Business Funding's programs and the needs of entrepreneurs meet.
Gas Station and Car Wash Financing
A merchant cash advance is not a traditional small business loan. It is a business loan alternative created to address the drought of available funding for business owners in "high-risk loan" industries and with bad credit or other issues that make it tough to get funding.
What You Have:
- Bad credit, existing loans, a high risk designation or any issue banks use to disqualify applicants.
- A business you have been operating for at least 2-3 months. No startups.
- Monthly gross sales of $15,000 or higher.
- Interest in business loans to improve or expand your business.
What We Need:
- You to fill out the form on the right of this page.
- The completion of some easy steps that a representative will help you do over the phone.
- You can live chat with a representative as well.
What You Don't Need:
- Financing for your business that takes ages to get, while opportunity passes you by.
- Demands for collateral which you could lose.
- Restrictions on how you can use the money you apply for.
Does this sound like your small business? Then our funding programs could be just what you're looking for.
Apply now by filling out the form.
After your initial gas station or car wash financing amount is 70% repaid, you will qualify for refinancing up to 200% of the original amount you received.
After you receive your liquid cash infusion, you are free to spend it to cover any costs you desire, as we have essentially purchased a share of your future sales. Repayment will be taken as a small percentage of your daily sales, which means you can focus on running your business and not worry about repaying your advance. As another plus, if you have a slow day of sales, or even a slow week, your payments will reflect it so that your business cash flow isn't overtaxed.
Horizon Business Funding is a relationship based service that will allow your business to fully capitalize on time sensitive opportunities and expand organically without dipping into personal savings or operating cash flow. With an approval rate of 95% and cash potentially appearing in your bank account in as little as 48 hours, why wait to apply?
Simply fill out the form, and one of our professional and courteous representatives will contact you as soon as they can to help you get the gas station financing or car wash financing you have been looking for.