financing Archives - Professional Carwashing & Detailing
Equipment financing: Loan vs. Lease

Learn how carwash operators can reduce costs, improve efficiency and stay competitive by financing new equipment, exploring the benefits and key differences between Equipment Leases and Conventional Bank Loans.

The ultimate Guide to Buying a Carwash

If you’re looking to get into the business, here’s what you need to know.

Wash Talk Ep. 155: Rinsed announces Series B financing from VMG Technology

Host Rich DiPaolo is joined by Austin Esecson of Rinsed to follow up on the company’s announcement of $20 million in Series B financing from VMG Technology.

Fixing your future with the SBA 504 Refinance Program

Carwash operators can leverage this program to save big money.

Driven Brands Holdings reports strong first quarter results

CHARLOTTE, N.C. — Revenue increased 20% powered by 9% same-store sales growth and 7% net store growth.

Rinsed announces $20 million in Series B financing from VMG Technology

NEW YORK — The funding round will enable Rinsed to further invest in expanding its membership-focused CRM.

funding, finance, money
Financing Your Next Equipment Purchase in a High-Rate Environment

Just 365 days ago, money was significantly cheaper than it is today. The federal funds effective rate was teasing zero, at 0.08% in February of 2022 and only 0.33% in

How to start a carwash in 2023

This article will guide you through the essential steps needed to start a carwash, from conducting market research and developing a business plan to acquiring equipment, hiring staff, and marketing your business.

WashMetrix promises actionable business intelligence for carwashes

DALLAS and FORT WORTH, Texas — WashMetrix integrates with all major point-of-sale and accounting systems to display a consolidated view of an operator’s true financials.

Driven Brands reports record year of revenue, profitability

CHARLOTTE, N.C. — Driven Brands delivered revenue of $2.0 billion, up 39% versus the prior year.

Tips for managing your finances as a carwash owner

Ways to maximize your money as a carwash business owner by Dr. Enoch Omololu.

Information checklist a carwash owner should gather before selling your business

Before you or your advisor contacts any buyers, it is highly recommended to compile in advance the key information that all buyers require.