We’re your partner in petrol station funding, ensuring you get the working capital to support and expand your business – with the best possible terms.
At Business Loans, we specialise in finding the best available finance offers for filling station businesses in South Africa, facilitating loans of up to R6 million.
To do this, we secure loan offers from an extensive network of banks, business development agencies, private lenders, and overseas loan assistance programmes.
As a business sector, petrol stations are a vital cog in the South African economy.
They service around 12 million registered vehicles, dispense approximately 30 billion litres of fuel per year, and contribute an estimated 8.5% to the country’s GDP.
Petrol stations are one of the few retail businesses that generate income around the clock, support a range of compatible business initiatives, and provide jobs for more than 140,000 people nationwide.
At Business Loans, we support small to mid-size operators in the industry through our rapid, world-class loan-facilitation services – at no extra cost to your business. Our costs are paid by our loan providers.
How petrol station funding can drive business growth
Here’s a round-up of the ways in which petrol station funding can be used as a catalyst for rapid growth.
Working capital for petrol station upgrades
Investment in upgrades to the forecourt, pump infrastructure and portable electronic POS system is key to a thriving filling station business.
The “cost” of the funding is offset by a higher volume of customers, quicker turnaround times at the pumps, and secure and streamlined payment process.
Short-term finance for filling station inventory
Leveraging finance to purchase fuel, oil and complementary automotive products for seasonal peaks ensures the business is fully prepared without disrupting cash flow.
Inventory-related seasonal costs are more easily covered in smaller monthly increments negotiated in the repayment terms of the funding agreement.
Funding for ‘added value’ business initiatives at petrol stations
Diversifying away from a single income stream is a strategic way to boost business growth.
Setting up compatible business initiatives such as a convenience store, drive-through car wash, vehicle repairs or fast-food franchise expands the appeal of the petrol station as a retail destination.
Capital to bridge the temporary petrol station cash-flow gap
As with all businesses, sudden downturns can put pressure on a filling station’s finances.
Whether temporary road works have led to dwindling profits or an unexpectedly high VAT or tax demand is pending, short-term petrol station funding can ease the cash-flow burden.
How our funding process works
Getting petrol station funding through Business Loans is facilitated through an online application and follow-up conversation with a loan manager.
Once the bank statements and other financials are submitted and assessed, a funding proposal is relayed to the business owner.
If the proposal is accepted, an agreement is signed, and the funds are transferred into the business bank account.
Turnaround time for petrol station funding
The average turnaround time for filling station finance is one to two working days.
Qualifying for petrol station finance
Only established petrol stations, operating for longer than 12 months and with annual turnover of R1 million or more, qualify for petrol station funding.
Provided the prerequisites are in place, the process of getting funding is fast and straightforward – and using our services helps ensure you get the best possible loan offer, from a trusted finance provider.
To apply, simply complete the funding application form online and one of our friendly representatives will contact you promptly.
