Gas Station Refinancing
Welcome to First Working Capital's Gas Station Refinancing Division.
Operating a gas station requires consistent cash flow. With the constant fluctuations in gas prices, the profit margins can change from day to day. Most banks and other conventional lending sources often turn down loan requests for gas station Refinancing. Lenders don't want the potential environmental issues associated with gas stations. This can be problematic for gas station owners looking to expand or maintain their business. Here at First Working Capital, we have solutions to your gas station refinancing needs.
Gas Station Refinancing To Increase Profits
How do gas stations stay in business? More and more of a gas station's bread and butter is, well, bread and butter…. and the coffee and candy bars it sells in its convenience store. Most of these items generate much higher profits than gas.
Our Gas Station Refinancing Program can help you expand your business into retail space, which will allow you to offer not just traditional services like auto repairs and towing – but coffee, sandwiches, sodas, cigarettes, candy and more. Gas Station Refinancing can also provide funds to renovate your business bathroom - providing new, clean facilities to attract repeat customers.
Get Pumped With A Merchant Cash Advance
Unlike traditional bank loans, merchant cash advances offer businesses Gas Station Refinancing based on future credit card sales. Our Gas Station Refinancing division purchases your future Visa® and MasterCard® transactions - and advances that money to you today. After you receive your merchant cash advance, your processor will deduct a small, fixed percentage from your daily credit cards sales until the balance is paid back.
