Gas Station Financing - Convenience Store Financing

Commercial Property Gas Station and Convenience Store Loans and Financing

First Capital Funding Corporation Gas Station Financing Program includes convenience store financing or c-store financing in all 50 states and the District of Columbia. Gas station commercial loans or gas station mortgages are available for the purchase or refinancing of Gas stations, convenience stores, and the combination of both.

It is no secret that with a struggling economy and the current scarcity of funds, finding funding for your purchase or to refinance the mortgage on your gas station has become quite a challenge.

Banks are reluctant to lend mostly due to their lack of understanding of this industry. This is why there is a need to fill this gap to be able to finance gas stations and convenience stores.

Gas station financing has become more and more difficult due to new regulations and environmental concerns as more gas station mortgage providers have departed the industry.

First Capital Funding Corporation understands the challenges of Gas Station financing and Convenience Store financing and has tailored its gas station financing program to tailor the petro industry and their needs for financing.

We understand the unique considerations required by gas stations, and how gas station loans are underwritten and whether you are acquiring a single station or refinancing a nationwide portfolio, you can expect us to be able to provide the timely financing you deserve.

Gas Station Financing - Eligible Property Types -

Properties eligible for gas station commercial real estate loan program should be gas stations and convenience stores of above average condition, environmentally compliant (no tank violations or overdue inspections) and located in medium and above market sectors.

Loans Must be Secured by Real Estate - Business Only Financing See Business Loan -
Brand Names or Non-Branded Names OK
Owner Operated or Investor
Gas with C-Store Welcome
Programs Available for Full-Service Stations
SBA 7(a), 504 and Non-SBA Programs
Established Businesses Only - No Start Ups -

Gas Station Commercial Loans - Program Highlights -

Minimum Gas Station Commercial Loan Size $250,000
15, 20, 25, & 30 Year Amortizations
Fixed and Variable Rate Options
LTVs Range Between 55% - 80%
Flexible Prepay Options
Full Document Only
Minimum 620 Credit Score
2 Year Seasoning for Refinances
Full Recourse Guarantee Required

What do you need to obtain Gas Station Financing?

Buyer Information Needed:

Personal Financial Statement dated within 30 days (for all who own 20%+)
Last Three Years Personal Federal Tax Returns (for all who own 20%+)
Copy of drivers license, social security card or passport and green card front & back (if applicable)
Complete last 3 years corporate federal taxes, three year financials and YTD financials on all affiliates (If applicable)
Gallonage for all affiliates for past 3 years and YTD (If applicable)
Last Three Months Bank Statements (Or show source of funds, family, gift, other)
Personal Income and Expense Analysis (for all who own 20%+)

Seller Information Needed:

Year-To-Date Corporate Financial Statements (income statement & balance sheet)
Last Three Years Corporate Financial Statements
Last Three Years Corporate Federal Tax Returns, all pages
Gallonage for past 3 years and YTD
List of assets/equipment to be purchased
Environmental Questionnaire or Phase I/II inspection reports
Certification of Underground Storage Tank registration
Most recent tank tightness test