Hakim E. Kassam

Home

Convenience Store/Gas Station Lending

Specific loans for the purchase, construction, renovation, expansion, upgrading or re-branding of convenience stores and gas stations.

Borrower Benefits

•	Long repayment terms, reducing monthly payments.
•	Frees up cash flow to expand your business.
•	Low down payment of as little as 20% for acquisitions (100% financing available for refinancing and renovations with sufficient equity in business).
•	SBA 7a and SBA 504 loans available.

Loan Amounts

•	$100,000 to $4.0 million (larger transactions may be available on a case-by-case basis for strong requests).

Use of Proceeds

•	Renovation, upgrading and/or re-branding of existing gas stations.
•	Acquisition of existing branded gas stations.
•	Expansion of existing gas stations.
•	Ground-up construction of new gas stations/convenience stores supported by a current feasibility study.
•	Independent and regional brands financed on a case-by-case basis.

Terms

•	Business owners must have direct or highly related industry experience coupled with acceptable personal credit histories.
•	Rates are based on a spread over the Prime Lending Rate. Rates vary depending on the specific strengths of the transaction.
•	For branded gas operations, terms of the gas supply agreement must be equal, with options, to the term of the loan.
•	All customary fees apply.
•	All 7a loans are fully amortized and are assumable.

Pre-Screen

•	Pre-screen service available within 24 hours with no charge or obligation by providing limited information. Contact me for more information.

9836 W. Sample Road . Coral Springs, FL 33065 . Phone: 954-509-0056 . Fax: 954-509-0058
Email: hkassam@bellsouth.net