Car wash loans can be one of the hard transactions to put together due to the single use nature of the property. Many lenders simple do not understand and or do not like this category and will not lend on it. One of the keys to your success is only working with Kala Lending, LLC that gives importance to the wash industry providing you the Car wash loans that you need. Borrowers have essentially two options to complete their car wash loan – conventional or SBA.
SBA 7(a) & 504 Program
SBA 7(a) & 504 Program is ideal for experienced entrepreneurs who have been turned down by other SBA lenders or banks, but still need the benefits only available through SBA financing. Our program has a low credit score minimum, no geographic restrictions, no restricted industries (other than those deemed ineligible by the SBA) and no collateral requirement.
$225,000 to $17,600,000
LTVs to 90%
Most Businesses Considered