Cambridge Wilkinson Secures $25M Credit Facility for Expanding Car Wash Franchise Operator
Cambridge Wilkinson has closed a $25 million senior secured credit facility to support the expansion of a top-five national express car wash franchise operator. This follows an earlier $50 million financing this year, highlighting strong institutional interest in scalable franchise models with predictable cash flows and recurring revenue streams. The transaction is part of growing capital activity within the U.S. car wash industry, which generates between $15 billion to $20 billion annually. Lenders are increasingly drawn to the sector due to its resilient performance across economic cycles, strong unit economics, and ongoing consolidation by institutional investors. Cambridge Wilkinson's structured financing solution allows for continued development of new locations while transitioning mature assets into a stabilized lending pool. Rob Bolandian, Co-Founder at Cambridge Wilkinson, emphasized that disciplined expansion strategies and experienced management teams are key drivers in attracting capital to the sector.
Topics: car wash industry credit facility expansion financing franchise finance