AUTOMOTIVE LOAN

 

 

 

 

 

 

AUTOMOTIVE LOAN PROGRAM

 

While most commercial banks shy away from lending to automotive businesses, Platinum Star Financial continues to support the industry through innovative programs.

 

Automotive is a somewhat broad category which encompasses a variety of uses that support the automotive segment. Included within this category are auto repair shops, used car lots, quick-lube facilities, tire repair shops, etc.

 

The type and size of building will vary with the use. Many buildings are designed specifically for the auto trade characterized by overhead doors, car lifts and usually a small office area.

 

Platinum Star Financial secures financing for automotive businesses that meet the following criteria:

  • 2 years of operating history

  • 2 years of rent or mortgage history

  • No environmental issues

This program offers the following benefits:

  • Stated Income or Full Documentation

  • no restrictions on cash out refinances

  • up to 30 year amortizations

  • No Expensive Environmental Reports

  • Closings within 30 days of completed application


Get the cash you need today.

APPLY NOW

 

 

To submit a loan scenario please click here.

 

 

 

 
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