Lender intelligence
Financing a car washes acquisition in Massachusetts
The SBA 7(a) lenders funding the most car washes acquisitions in Massachusetts, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance car washes in Massachusetts
$558K
Typical loan
range $320K–$1.75M
$620K
Est. purchase price
≈ loan ÷ 90%
$82,925
Cash to close
$62,000 down + fees
$7,220/mo
Typical payment
~9.5% · 10yr
$99,636/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
42 days
Typical time to fund
3
Lenders competing
more = leverage
7.83%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active in car washes · Massachusetts
Ranked by funded car washes acquisitions in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.196 loans · $21M · Boston, MAFull record →
- 2.1,025 loans · $292M · Berkeley Heights, NJFull record →
3+ funded Car Washes in Massachusetts deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- OLDE CAPE COD CARWASH, INC. in Orleans, MA — $558K (2026) · purchase · Eastern Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $419K (75%)
- Approved
- 3/26/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $620K
- Est. down payment (10%)
- $62K
- Est. cash at closing
- $83K
- Monthly payment
- $6,697
- Annual debt service
- $80K
- Cash flow needed (1.25×)
- $100K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Eastern Bank · Lender record →
Your business? Claim this record · Request removal
- Laser Car Wash, Inc. in Whitman, MA — $1.8M (2025) · purchase · Readycap Lending, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 24 days
- Approved
- 2/24/2025
- First disbursed
- 3/20/2025
- Loan status
- Paid in full (11/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $194K
- Est. cash at closing
- $267K
- Monthly payment
- $14,987
- Annual debt service
- $180K
- Cash flow needed (1.25×)
- $225K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Readycap Lending, LLC · Lender record →
Your business? Claim this record · Request removal
- 4 Children LLC in West Springfield, MA — $320K (2020) · purchase · Westfield Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.5% fixed
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $240K (75%)
- Approval → funding
- 42 days
- Approved
- 11/19/2019
- First disbursed
- 12/31/2019
- Loan status
- Paid in full (2/29/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $356K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $6,261
- Annual debt service
- $75K
- Cash flow needed (1.25×)
- $94K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Westfield Bank
Your business? Claim this record · Request removal
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to car washes businesses with a Massachusetts project address.
Agent summary
How to finance a car washes acquisition in Massachusetts with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Massachusetts deals. Eastern Bank funds the most here. CapBench is not a lender.
- $1.6M typical loan
- 3 lenders active in Massachusetts
- 3+ funded Massachusetts deals
- 42 days typical to fund
Buyers buying a car washes in Massachusetts typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.