Debt Relief Alliance

Bad and poor credit gasoline and gas station business financing and loans, without credit checks, are available with easy qualify working capital financing up to ,000. This gives the established gas station small business with bad or poor credit a great opportunity to obtain working capital financing for their business without a personal credit check.  This no credit check gas station business loan and financing program isn’t a merchant cash advance or merchant loan. Additionally, it isn’t related to the payday loan program.

 

This no credit check bad and poor credit gasoline station  business loan program is constructed in the following manner. The small business applicant should follow the below guidelines:

 

1)   Maintain at least a ,000 ending gas station bank balance in their business account

2)       Deposit at least 10-15 times per month in their business account

3)       Be in business at least one year and establish the ability to repay back the loan

4)       Have no outstanding  large tax liens, delinquent child support issues, not currently in bankruptcy or foreclosure

 

 

            Documentation Requirements

 

1)   Signed and dated application

2)       Provide a copy of the detailed business gas station bank statements for the last four months 

3)       Copy of the Owners Drivers Licenses

4)       A copy of the Articles of Incorporation if Applicable

5)       Copy of a business license, tax id number or any other relevant license

 

The lender will advance up to 2.5 x the average ending balance on the gas station business bank account for the last four months up to ,000. These are business loans and the length of the loan is four months which can be renewed. The loan can replace a merchant cash advance if it doesn’t exceed 40% of the eligible borrowing base. At funding, the lender will pay off the merchant cash advance or loan and pay you the difference.

 

Example, your monthly average ending balance in your    gas station business bank account is ,000 for four months. Your borrowing base would be ,000 x 2.5 or ,000. If your current cash merchant advance is ,000, the lender at funding would payoff the merchant first and remit to you the difference for ,000. Obviously if you didn’t have an outstanding merchant cash advance, this area wouldn’t apply.

 

The types of businesses that would be great for this type of bad and/or poor credit loan and financing program would be the following:

 Gasoline and gas stations, grocery, convenience,  restaurants, bars, discos, tanning salons, pizza shops, dry cleaners, doctors, dentists, physicians,  lawyers, accountants, Cpas, limousine owners, automobile service centers and  body repair shops, dog groomers, florists, beauty and nail shops, distributors,  all different types of service providers.

 

In conclusion for the bad and/or poor credit gas station business applicant, this is a great opportunity to obtain short term  small business loan financing in this tough economy. This isn’t a merchant cash advance or loan program which can be quite tedious in its paperwork and processor work requirements. This great business loan and financing program isn’t credit driven, therefore your Fico Score isn’t an issue.. These small business loans can be renewed every four months if needed by the applicant and gives the business a working capital injection.

 Happy hunting for your bad and/or poor credit small business gasoline and/or gas station loan and its related working capital financing

Alex talks with regular Friday guest Bob Chapman, publisher of the the International Forecaster newsletter, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10000 investors and brokers monthly. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm and was probably the largest gold and silver stockbroker in the world during that period. Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30000 subscribers. www.theinternationalforecaster.com www.infowars.com www.prisonplanet.tv

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