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GSB05: How to Get Financing for Gas Station Business
Gas Station Business 101 Podcast - How to Start, Run and Grow a Successful Gas Station Business
English - July 22, 2015 05:56 - 44 minutes - 26.1 MB - ★★★★★ - 53 ratingsCareers Business Investing businesschecklist businessplan gasstationbusiness howtostartabusiness retailbusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: GSB04: 15 Steps Gas Station Buying Process
Next Episode: GSB06: Place & Process | 6P's of Marketing Mix | Part 1
In this episode, I discuss how you can get bank financing to buy a gas station business. I discuss how to find the right bank that fits your needs. I discuss the difference between typical commerical loan Vs. SBA loans, what is LTV(Loan to Value).
I also discuss the items/documents you need both from yourself and from the seller to furnish to your bank as part of the loan package.