Are there any lenders that will fund a gas station in any of the fifty states without an SBA guaranty? The problem with the SBA guaranty is that it takes a long time, is expensive with the fee, and is limited by the cap of $5 million. Thus many deals that are good solid cash flowing deals at reasonable LTV's cannot get financing. I have deals and nowhere to place them. Can anyone suggest a lender?
I know that many lenders took a beating on these as the appraisals got way out of whack with reality and some states had too many stations so the all competed against themselves and everybody lost. There has been a large reduction in the number of stations especially in certain states. So it appears to me that this is an underserved market at this time. Anyone that can fund these deals can make a very good return as there is little competition.
Jeffrey B. Freis Associates, Inc. is a private investment bank with an active real estate finance division. We have worked with gas stations.
DO YOU NEED FUNDING? Am a private lender willing to work with you, Contact me to visit the company website for more info on direct funding, asset protection, credit repair, business solutions and much more because our loans are well insured for maximum security is our priority.
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My sincere greetings to you, I am Nathan Logan, a retired chartered accountant and broker to investors who are ready to partner in projects, business and give loans of €385,000,000.00 Euro or more funds to prospective companies. I would like to know if you would like to invest in a major investment, we are ready to give out a certain amount for investment privilege. Do contact me if you are interested.
Mr. Nathan Logan
Can you tell me a little bit about your financing programs for gas stations? For example I have many clients that are in need of financing some with excellent personal credit and others with lower scores do to one or two blips that are explainable but most lenders dont seem to care about the explanation. What is your LTV maximum and do you lend on only the R/E value or will you include the business value? Rates and terms would be useful. All of my clients will P/G 100% of the loan amount and all have a minimum DSC of 1.25 to 1. I have individual stations and packages of stations all owned by related entities. Thanks.
are you doing them 1 at a time or several at 1 time . are you buying or building. do you have cash to add to project.