A quick business funding process that offers same day business loans for business owners.
Few businesses are more essential to our modern way of life than gas stations. There will always be a market for these linchpins of transit—but there are also significant costs. Land, equipment, inventory, and insurance can cost hundreds of thousands of dollars every year. So when it comes to running or growing your business, you’ll need a lot of cash available.
Shield Funding provides a wide range of business funding options for gas stations owners. Whether you’re looking for a business loan to invest in a new location or just a bit of credit to build up your inventory, we can help you get it.
What Do I Need to Qualify?
Below is a list of the general requirements to get approved for business funding with our basic program.
How Do I Apply?
Applying has never been easier. You can either call our toll free number 24 hours 7 days a week at:
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Few gas station owners are able to write a check for $300,000 for a new underground tank. If you’re opening a new location or adding a new underground tank, you’ll need a small business loan to help you out. Improving your station could require hundreds of thousands of dollars as well—new pumps, EV charging stations, and convenience store equipment can quickly add up to a significant bill. Or maybe you’ll face problems with an environmental cleanup or changing regulations that require significant cash to stay in business.
No matter what situation you’re in, small business loans from Shield Funding can help you pay for the things you need to run your business. With up to $1,000,000, you can retrofit, upgrade, or expand your business. You can even get a good chunk of the money needed to buy a new location. Depending on your credit and business history, you may qualify for a low interest rate, as well. We offer funding from 5–45% interest on terms from 2–36 months. So this funding option can be customized to suit the needs of your business. If you have $8,000 in monthly revenue, at least two months in business, and a good credit score, you can qualify for a business loan that will help you run or grow your gas station business.
It is well known that gas stations need a lot of incoming cash to pay for expenses. Keeping your fuel tanks topped up, your shelves full, and your employees paid means you need to have a lot of cash on hand. And because the price of fuel varies so much, you want to have extra cash available to take advantage of a downturn in prices. There are other times when you’ll want the financial flexibility to take advantage of business opportunities, too—maybe someone is selling used fuel pumps, or you want to bring on more employees for a holiday rush.
Whatever the reason, a business line of credit gives you the power to take advantage of opportunities. You can think of a line of credit a bit like a credit card. You have a set amount of credit, and you can use any amount you like. You then pay the business loan back in monthly installments, including interest. Because we offer lines of credit up to $250,000, you’ll have enough to cover unforeseen costs, like broken or inaccurate pumps, and take advantage of opportunities like fuel price drops. With rates of 5–10%, you won’t break the bank, either. You’ll need a credit rating of 650 to get started. As long as you have $10,000 in monthly revenue and have been in business for six months, you can qualify for a line of credit that will help you run or grow your business.
If you don’t have good credit, you can still get funding. We work with borrowers who have credit ratings as low as 500 on short term business loans. The details of the business loan will depend on your credit rating and business history. But we offer business loans of up to $1,000,000 even to borrowers with bad credit. Terms range from 2–18 months and interest rates vary between 12–45%. Just because you’ve made some mistakes in the past doesn’t mean you shouldn’t be able to get funding for your business. We know that going to a bank with bad credit means you’ll probably be turned down. But we can help.
Like a line of credit, a merchant cash advance gives you flexible funding to use when you need it. But instead of paying monthly installments, you pay a specific percentage of your credit card receipts. They’re automatically deducted from your earnings, making a cash advance for your business a great option if you don’t want the administrative work of paying back a business loan.
And you can qualify for a merchant cash advance with bad credit, making it a more flexible option. If your credit rating is 500 or above, you can get up to $250,000 at an interest rate of 24–49%. You’ll need monthly revenues of $8,000 or more to qualify.
Apply Directly to One Source!
Work with a direct lender and get a business loan as fast as the same day. Shield Funding offers competitive rates and terms on all it’s funding programs. Apply now with a trusted lender that has been helping business owners secure working capital for almost two decades.
The SBA 7(a) loan is the most popular government-backed option for gas station owners. You can borrow up to $5 million, and funds may be used for a wide range of purposes, including purchasing or constructing a gas station, acquiring equipment (pumps, tanks, POS systems), buying real estate, refinancing existing debt, or covering working capital needs. These loans are accessed through banks, credit unions, and approved non-bank lenders, with the SBA guaranteeing a significant portion of the loan, making approval easier even in industries considered higher risk. Down payments are typically around 10%, and repayment terms can extend up to 25 years, helping to keep payments manageable.
The SBA CDC/504 loan is designed for major fixed asset purchases, such as buying land, buildings, or large equipment for your gas station. This program offers long-term, fixed-rate financing and is ideal for those looking to acquire or improve real estate. However, it cannot be used for working capital or inventory.
First Commonwealth Federal Credit Union offers SBA loans for small businesses, including gas stations. Their SBA loan program provides up to $5 million in financing, with as little as 10% down. Terms can be up to 10 years for non-real estate loans and up to 25 years for loans involving real estate. These loans are suitable for purchasing, expanding, or refinancing a gas station, and the credit union provides personalized service throughout the application process.
USF Federal Credit Union is a strong choice for unsecured business term loans, lines of credit, and commercial real estate loans. They offer loan amounts up to $100,000 with five-year terms and competitive rates starting at 8.75%. Membership is open nationally through the American Consumer Council, and their participation in the Co-op Network provides access to shared branches across the country. USF Federal Credit Union is especially useful if you need an unsecured loan or do not have collateral for your gas station business.
Formerly known as Bethpage Credit Union, FourLeaf Federal Credit Union is based in the New York metro area but serves members nationwide through virtual services and a large ATM network. They offer term loans, lines of credit, and commercial auto loans, which can be useful for gas station businesses with fleet or delivery needs. Membership is open to anyone who can invest a small amount in a savings account, and they provide personalized support for business lending inquiries.
The Pennsylvania Department of Environmental Protection’s Alternative Fuels Incentive Grant (AFIG) program offers up to $500,000 per applicant for zero-emission vehicle projects and alternative fuel infrastructure, prioritizing businesses headquartered in Pennsylvania and those serving environmental justice areas.
Capital One offers business loans and lines of credit that can be tailored to the needs of gas station owners. Their products include commercial real estate loans for purchasing or refinancing property, as well as equipment financing and working capital loans. Capital One is known for its straightforward application process and personalized service for small business clients.
Gas station business loans are designed to meet the unique financial needs of gas station owners, providing flexible funding for everything from acquiring real estate and upgrading equipment to managing inventory and covering day-to-day operations. These loans come in various forms, including SBA loans, traditional bank loans, equipment financing, and business lines of credit, with loan amounts often ranging from $5,000 up to several million dollars depending on your goals and qualifications..
Funds can be used for a wide range of purposes, such as purchasing property, renovating facilities, buying new pumps or convenience store equipment, refinancing existing debt, or expanding your services. Many lenders offer competitive interest rates, longer repayment terms—sometimes up to 25 years—and flexible collateral requirements, making it easier to find a solution that fits your business model and cash flow. Whether you’re launching a new station, acquiring an existing one, or investing in upgrades, gas station business loans can provide the capital you need to keep your business running smoothly and support long-term growth.
Gas station business loans provide fast, flexible funding solutions tailored to the unique needs of fuel and convenience store operators. Whether you’re preparing for seasonal demand by stocking up on inventory, upgrading equipment, hiring staff, or launching marketing campaigns, these loans allow you to access capital quickly so you can seize new opportunities or address urgent expenses.
You can utilize these funds for a variety of needs, such as acquiring property, remodeling your station, expanding your services, purchasing new equipment, or consolidating existing debt. With options such as SBA loans, traditional bank loans, equipment financing, and business lines of credit, gas station owners can choose the structure and terms that best fit their business model and cash flow. Many lenders offer streamlined application processes and rapid funding, making it possible to secure the resources you need—often within days—to keep your business running smoothly and positioned for growth.
Before taking out a gas station business loan, it’s crucial to thoroughly assess your financial situation and repayment capacity. Carefully review your monthly cash flow, operating expenses, and profit margins to determine a loan amount and payment schedule that your business can comfortably manage. Gas station loans come in various forms, each with different interest rates, fees, and repayment terms, so be sure to understand the full cost of borrowing and how it will impact your bottom line. Responsible borrowing means choosing a loan that aligns with your business goals without putting undue stress on your finances. By ensuring the repayment terms fit your budget and operational needs, you can use the funding to support growth and stability while maintaining healthy cash flow.
Before applying for a gas station business loan, it’s important to have a clear plan for how you’ll use the funds to support your goals. Gas station loans are versatile and can help you purchase inventory, upgrade fuel pumps, renovate your facilities, expand convenience store offerings, or even acquire a new location. You might also use the financing to launch marketing campaigns, cover payroll during busy periods, or invest in new technology to streamline operations. By identifying your priorities and mapping out exactly how the capital will be allocated, you can borrow the right amount, select favorable terms, and ensure the loan truly benefits your business. A focused strategy not only helps you avoid unnecessary debt but also maximizes the impact of your investment, keeping your gas station competitive and positioned for long-term growth.
Gas station business loans are a strong choice for owners who need working capital for short- or medium-term needs and want access to competitive rates and flexible repayment options. These loans are typically best suited for applicants with a solid credit profile and a proven track record of business income, as lenders will closely review your credit score, financial statements, and cash flow. Before applying, it’s important to consider the repayment schedule—shorter terms can mean higher payments, so you’ll want to ensure the loan fits your budget and business goals. Carefully review all fees, interest rates, and collateral requirements, and think through how the loan will impact your day-to-day operations. By evaluating your financial position and having a clear plan for how you’ll use the funds, you can make an informed decision and choose a financing solution that supports your gas station’s stability and growth.
Qualifying for a gas station business loan depends on several key factors that lenders evaluate to determine your eligibility. While your credit history is considered, lenders place significant emphasis on your business’s financial performance, including how long you’ve been operating, your monthly cash flow, and overall profitability. They will also review your business plan, financial statements, tax returns, and sometimes your experience in the industry or the experience of your management team. Collateral, such as real estate or equipment, may be required depending on the loan type and lender. Lenders also look at your debt-to-income ratio and existing financial obligations to assess your ability to manage additional debt. Preparing comprehensive documentation and demonstrating strong business fundamentals will improve your chances of securing financing for your gas station
The amount you can qualify for with a gas station business loan largely depends on factors like your monthly revenue, cash flow, and the overall financial health of your business. Lenders often review your deposit history and may approve funding based on a percentage of your average monthly deposits, while also considering your business’s stability and profitability. For SBA loans, the maximum amount can reach up to $5 million, with the actual approved amount determined by your creditworthiness, collateral, and ability to repay. A strong and consistent financial track record, along with detailed documentation of your business operations, increases your chances of securing higher loan amounts for your gas station.
Repayment for gas station business loans typically begins soon after you receive your funds and is structured to fit your business’s cash flow. Many lenders offer flexible repayment options, such as monthly, bi-weekly, or weekly payments, which are often automatically withdrawn from your business bank account. This approach allows you to manage your loan in smaller, predictable installments, making it easier to maintain steady cash flow while meeting your financial obligations. The goal is to provide a straightforward and manageable repayment process so you can focus on running your gas station without worrying about complicated payment schedules.
The cost of a gas station business loan is determined by factors such as the loan’s rate structure and repayment term. Some lenders use a factor rate—a fixed decimal multiplied by the amount you borrow—to calculate your total repayment. For example, if you receive $20,000 at a factor rate of 1.15 over 12 months, your total repayment would be $23,000, which includes $3,000 in financing costs. Unlike traditional interest rates, the factor rate is applied upfront, so you know exactly how much you’ll repay from the start. Your payment schedule—whether monthly, weekly, or bi-weekly—will determine how these payments are distributed over the loan term, providing clear and predictable repayment terms for your business.
This is likely one of the most important benchmarks you will use to compare lending options. If one lender offers a better interest rate than the other and all other things remain the same you can have a good idea of the rate comparison. You must keep in mind that different products such as credit cards or car loans work using traditional financing interest rates and APR, but many alternative funding programs quote in a factor rate or annualized interest rates so try to compare options based on the types of loans they are most similar to. And ultimately it will come down to what you have to pay back when all is said and done.
When comparing lending options, whether quoted in factor rates, interest rates, or any other framework, what is most important is what you will pay back when all is said and done. For this reason you should always try to look at what you will pay over the entire life of the loan.
Down payments for SBA loans usually range from 10% to 20% of the total project cost, depending on the lender and loan type.
Lenders often require proof of environmental compliance, such as up-to-date tank inspections and remediation reports, since gas stations face strict regulations regarding fuel storage and soil contamination.
Yes, both federal and state programs, such as the Charging and Fueling Infrastructure (CFI) Grant Program and certain SBA loans, support financing for installing EV charging infrastructure at gas stations.
Franchise gas stations may have access to specialized financing programs through their parent brand or preferred lenders, sometimes with lower rates or tailored repayment terms.
Yes, some lenders offer seasonal business loans or lines of credit designed to help gas stations in tourist regions manage cash flow during off-peak months and prepare for busy seasons.
Yes, having long-term contracts with reputable fuel suppliers can strengthen your loan application by demonstrating business stability and reliable inventory access.
