SBA 504 Loans for Car Wash

SBA 504 loans for car washes are suitable when the transaction involves the real estate for the car wash.

SBA 504 loans may be used in the following ways for car washes

Purchase and develop real estate for a new car wash
Renovation and expansion
Purchase car wash equipment

Benefits of SBA 504 Loans for Car Washes

A large portion (80% to 90%) of the car wash project can be financed with an SBA 504 loan
Low, fixed interest rate.
Some soft costs and construction can be included
Longer finance term- up to 25 years