If you’re just getting started or operating less than 5 locations in the carwash, gas station, or convenience store industries, closing the deal with all the moving parts can feel like trying to hit the bullseye on a moving target.

The loan process can be daunting, with seemingly endless documentation requirements. Carwashes and gas stations fall under “special purpose loans’’ which many financial institutions won’t touch, but that’s where we come in.
 
Our many years of experience has allowed us to cultivate a network of lenders who have an appetite for your business. Some lenders may not finance construction projects on leased land while others will. The same can be said about contaminated sites. Let us help pair you with the right loan at the right bank whose credit policies are in line with the details of your project.
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REFINANCE

Whether you’re looking to cash out on your equity for future expansion, term out a balloon payment, or improve terms of existing debt, we help you identify the right time to refinance existing debt...

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ACQUISITIONS

We’re able to arrange acquisition financing when you’re ready to acquire a piece of property or a business, including when the land is leased. Funds for post-closing renovations or rebranding can be included as well.

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GROUND-UP CONSTRUCTION

Whether you’re intrigued by the increasing popularity of express carwashes, oil company branding incentives, or a well-priced vacant parcel ideally situated for development, great opportunities exist in today’s market for entrepreneurs to construct new locations.

YOUR PARTNER TO EXECUTE A REFINANCE

The market is ever-changing, and we help you identify the right time for refinancing and execution. Whether you’re looking to cash out on your equity or improve terms of existing debt, here’s what we do for you:

  • Convert a large balloon payment into an affordable long-term loan
  • Lower your monthly payments 
  • Acquire another business
  • Remodel or renovate an existing location
HOW TO GET STARTED
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YOUR PARTNER IN EXPANSION OPPORTUNITIES

When purchase opportunities arise, you need certainty of execution, and we’re here to help. We’re able to arrange acquisition financing and additional financing as well, depending on what you need and what’s best for your business.

  • Individual Sites
  • Portfolios
  • Land Only
  • Business Only
  • Leased Locations
START YOUR NEXT PROJECT
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Start Your Next Project

The complexities surrounding ground-up construction on a new, existing, or leased site can be daunting. 80% of the projects we work on have a construction component. PetroCal Associates can help you with each step along the way as your vision goes from the architect’s desk to the contractor’s shovel to the grand opening.

START YOUR NEXT PROJECT

Ground-up construction

STEP 1

Site Evaluation:
Once you’ve identified your site, bring it to us for a complimentary site evaluation to determine its viability.

STEP 2

Complete A Loan File:
We’ll help you gather documents and everything else you’ll need to complete a loan file.

STEP 3

Lender Match:
Next, we’ll match you up with the right loan from the right lender to meet your short-term needs and long-term goals.

STEP 4

Get Approved:
The bank’s Loan Committee has given you the green light.

STEP 5

Break Ground:
Your loan is funded and you’re on your way to building your business!

TRANSACTIONS

CARWASH
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$3,900,000

CONVENTIONAL
COMMERCIAL LOAN
  • Refinanced SBA 7(a) loan to provide sufficient SBA eligibility for expansion
  • Loan included cash-out to be injected as equity into a second location financed with an SBA 504 loan
CARWASH
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$4,500,000

SBA 7(a) LOAN
  • Ground-up construction of an express carwash for a new-to-industry operator
  • No cash injection was required as the borrower already owned the land
GAS STATION
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$9,600,000

SBA 504 WITH COMPANION SBA 7(a) LOAN
  • Acquisition of an operating major brand gas station, carwash, and c-store
  • Real estate and equipment were financed using an SBA 504 loan; goodwill was financed using an SBA 7(a) loan
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