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SBA 504 Financing for Carwashes & Auto Detailers

Finding the capital for expansion can be tough for smaller carwashes and auto service providers. The SBA 504 Loan Program is the perfect solution and most businesses are eligible.

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For a free consultation to see if the SBA 504 loan is right for you, fill out the form below.

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SBA 504 Loan Program Benefits

SBA 504 loans are a great option for businesses in the carwash and auto industry that are purchasing renovating, refinancing real estate or buying major equipment.

25-year loan term

Below-market, fixed Interest Rate

Up to 85% Financing

No limit on Total Project Cost

How SBA 504 Funds May Be used

  • Acquisition of an existing building (51% occupancy)
  • Building expansion or renovation
  • Heavy equipment with a 10+ year service life
  • Land and new construction (60% occupancy)
  • Soft and closing costs
  • Refinance of certain real estate loans including  SBA 7a, 504, and conventional

TMC Financing has assisted carwash owners and other auto-related businesses for over 40 years.

We are dedicated to helping auto-industry professionals and other small businesses grow and succeed.

 

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SBA 504 Loans Financed Speedway Carwash

"TMC very positive and supportive through the whole loan process. They helped overcome every obstacle and I was able to purchase new equipment in addition to the land. Anyone who owns a business should absolutely investigate the SBA 504 loan option to purchase property."

Miguel Miranda

Owner, Jessup Speedway Carwash, Arizona

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