Gas Stations sometimes have a difficult time in the traditional business loan market.
Either a lack of collateral or bad credit keep gas station businesses from expanding in line with owners' visions. However, PowerUp Lending Group counsels you to not let this hold you back from making further investments into your business.
PowerUp’s Merchant Cash Advance is a fast, flexible alternative for businesses with a significant repository of credit card sales.
- Lump sum payment in exchange for a percentage of future sales
- No due dates
- Quick, easy cash even if you have bad credit or no collateral
5 Myths About Gas Station Small Business Loans
Myth #1: If a traditional bank won’t approve my loan, no one will.
Myth #2: : If I don’t have perfect credit, I’m out of luck.
Myth #3: Lenders won’t consider my loan amount because it’s too small.
Myth #4: Small business lenders require that I repay the loan in big chunks, every month.
Myth #5: Business loans take a year and a day to get approved.
For details on these 5 myths and other valuable information on small business loans, download the free eBook Best Borrowing Practices for Businesses.