Hey, kind of in a jam here—has anyone had experience trying to get funding to buy or expand a gas station? I’ve been to two banks already and both gave me the “too niche” excuse. I’ve got some equity and a solid business plan, but it’s like nobody wants to touch fuel retail right now. Are there alternative options or lenders who actually deal with this kind of thing?
Yeah, banks tend to shy away from anything with underground tanks or environmental liabilities. It’s frustrating. I ran into the same wall until I started digging into lenders who actually specialize in this area. There are gas station lenders out there who understand the industry and won’t ghost you over it. One resource that actually helped me was eboostpartners.com/business-loans/gas-station-business/ — their process was straightforward, and they seemed to know exactly what hurdles people in this business face. I didn’t feel like I had to explain the basics of how gas station revenue works, which was a huge relief.
Securing business financing isn’t always about who offers the lowest rates—it’s about finding someone who actually understands your industry and isn’t afraid of what they don’t know.
