CNG Station Financing
Finding CNG station financing is challenging due to: 1) Relatively new Natural Gas Fueling Station industry development stage 2) Difficulties in finding enough CNG commitments (load) on monthly basis to cover debt service 3) Determining the true cash flow of the business 4) Most lenders are looking for borrowers with prior experience operating CNG gas stations. It is important to seek assistance from a lender who is experienced in funding CNG gas stations, understands the...
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