Finance for petrol stations

Vision Finance is working with a number of lenders who have appetite to lend to borrowers looking to purchase a petrol station, and require finance for a petrol station.

In the current lending climate, finance for petrol stations has been difficult, and especially so when the borrower does not have 3 years of trading history.

If borrowers have experience within the retail sector then finance is now available as a commercial mortgage to fund the purchase of a petrol station. Therefore even of the applicant has not owned and managed a petrol station in the past, finance still may be available.

Traditional (high street) lenders, if they are willing to lend, are likely to have the most attractive rates. These lenders will demand significant experience and trading history, and will also be conservative when it comes to the LTV they will offer. We work with a range of lenders that are able to offer finance when mainstream banks have declined.

The Loan to Value will be dependent on the forecast cash flows of the business, and Vision Finance are well placed to assist borrowers and produce forecast figures which can then be presented to lenders.

If you would like to find out if finance for a petrol station could be available to you, please email our commercial mortgage team at commercial@visionfinance.co.uk or call 0207 206 2500