PC&D Unscripted 34: Financing a New Carwash | Professional Carwashing & Detailing
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PC&D Unscripted 34: Financing a New Carwash

Michael Ford from Coast Commercial Credit discusses financing options and a market update.

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In this PC&D Unscripted interview, Michael Ford, managing director of Coast Commercial Credit joins Associate Publisher – Editorial Rich DiPaolo to highlight some of the most popular financing options for new carwash investors and current owners.

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For instance, in regards to how investors can improve their chances of having a loan approved, Ford advises, “The most obvious way is to simply be prepared. … You should know every competitor in the marketplace, [including] what type of wash they are, how much they charge, how far they are, are they a direct competitor, are they an indirect competitor, [etc.].”

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