Car Wash Car Wash FinanceFinanceFinance Program Flier - Coast.pdf · Car Wash Car Wash FinanceFinanceFinance…

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  • Car Wash Car Wash Car Wash Car Wash FinanceFinanceFinanceFinance ProgramProgramProgramProgram Offered By: Coast Commercial Credit, LLC

    Car Wash Construction, Development & Acquisition Car Wash Equipment

    Product Type SBA 7(a) Loan SBA 504 Loan USDA Business & Industry Loan

    Loan or Lease

    Use of Funds

    SBA & USDA Loans can be used to Build, Acquire, Remodel, Equip or Refinance Car Washes

    Acquisition of New or Used

    Equipment & Installation

    Loan Amount

    Up to $5,000,000

    Up to $13,333,333

    Up to $10,000,000

    Up to $1,000,000

    Repayment Term

    Up to 25 Years

    Up to 20 Years

    Up to 30 Years

    24 to 84 Months

    Collateral

    Land, Building, Equipment & Improvements

    Equipment Financed

    Loan to Value

    Up to 80% for New Car Wash Owners Up to 85% for Experienced Car Wash

    Owners

    Up to 80%

    Up to 100%

    Options/Benefits

    SBA loan programs are intended to encourage small business lending.

    SBA loan programs can be an excellent solution for operators seeking fully

    amortized long term financing for car wash projects.

    SBA & USDA Loans are available for both New & Experienced Operators.

    USDA Business & Industry Loans are for Rural Business

    Development. Please contact

    Coast to see if your site is USDA

    eligible.

    Simplified Application

    Process Fixed Payments

    Lease Purchase Options $1, 10% or FMV

    Items Needed to Process

    Application Package

    Credit Application

    Personal Financial Statement 3 Years Personal & Business Tax Returns

    Business Plan & Projections Additional Property & Business Info.

    Please contact Coast Commercial Credit for a complete list of items needed to process your request.

    Credit Application Personal Financial

    Statement 2 Years Personal &

    Business Tax Returns Year to Date Financials

    Equipment Proposal

    The Belanger Car Wash Finance Program is a third party program offered by Coast Commercial Credit, LLC. Belanger, Inc. does not offer direct or indirect financing, and makes no guarantee that you will be able to obtain financing. Belanger does not guarantee notes, equipment leases or other obligations. Belanger is not affiliated with this provider. You may seek financing from any provider of your choosing. All financing arrangements are

    solely between you and your provider. All loan terms and structures are subject to final credit approval.

    For More Information, Contact: Mike Levin Michael Ford

    Toll Free Telephone: 1-877-454-9399 Toll Free Telephone: 1-800-400-0365 Toll Free Facsimile: 1-877-454-2072 Toll Free Facsimile: 1-888-400-0365

    MikeL@CoastCC.com MikeF@CoastCC.com www.CoastCC.com

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