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Opening a gas or service station is a popular choice for many small business
entrepreneurs. Although not much money is made off of gas sales,
many owners generate decent amounts of revenue from convenience
store products and/or minor car maintenence services.
Acquiring a loan for a gas service station can be difficult, as
with most all commercial lending. Environmental insurance and local
regulations can put a hamper on getting the business planned and
started. Many lenders tend to reject applications of this sort for
those very reasons. Leasing agreements and predicted revenue can
also be a burden.
Your best option is to scout out various mortgage brokers in order
to improve your chances of finding the right lender.
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