Programs designed for those who prefer to refinance existing debt or
to acquire new sites.
Types of Financing:
- Acquisitions
- Expansion/rebuilds
- Refinance
Loan Amounts
$300,000 - $20,000,000
Terms:
10 Year Term/15 or 20 Year Amortization
Interest Rate:
Floating indexed to a spread of 4.00% - 5.00% over U.S. Treasuries, or Floating
indexed to a
Spread of 3.5% - 5.00% over 1 Month LIBOR
Loan To Value
70 - 85%
Fees:
No Fees Unless Financing Is Approved (good faith/proposal deposit
required with submittal)
0 - 1.5% Commitment Fee
Customary closing costs.
To prequalify for financing, download the following forms and provide the following information and fax to (202)478-1811 or email to submit@petromac.com:
- PetroMAC loan request form (You can also submit online here)
- Personal Financial Statement
- Completed Tri-Merged Credit Report or Credit Authorization
- 2008 business financials (Seller/Borrower, if available)
- 2009 Year-To-Date business financials (Seller/Borrower, if available)
- Last three years fuel gallonage (Seller/Borrower)
So what are you waiting for? You can conveniently apply online for a loan here or download the prequalification form here. First time inquiries should inquire at info@petromac.com. Let us prove to you that PetroMAC truly “pumps capital into YOUR C-store”
(202)478-0230 Voice
(202)478-1811 Fax
http://petromac.com
info@petromac.com
