After 1/31/2009, when considering your car wash loan application we,
and
the banks and finance companies, will want to use your business and
personal
federal income tax returns dated as of 12/31/2008. This would be
one
of the three tax returns needed for 12/31/2008, 12/31/2007, and
12/31/2006.
If you intend to apply after 1/31/2009 to borrow money to buy,
construct,
or refinance a car wash you will be asked to provide your personal and
business federal income tax returns for 12/31/2008 as filed. If
you can provide
your 2008 federal income tax returns soon after 12/31/2008 this will be
viewed as a favorable indication of how you handle your business.
If you intend to sell a car wash in early 2009 it is to your
advantage
to have the 12/31/2008 tax returns for that car wash completed well
before
your buyer applies for his or her car wash loan.
After 4/15/2009 an "extension" of your 12/31/2008 tax returns will not
be acceptable. We and the banks and finance companies really
expect
your tax returns to be completed by the first deadline date, not
extended.
Let us know if you have any problems with providing the 12/31/2008 tax
returns.
We want to
finance your car wash!
Alan
Bussey
Car Wash
Loans 903-876-2308 fax: 484-737-1092