Financing for Auto Repair & Service
Get Ready to Grow Your Business Today
Whether it’s to update existing technology or to expand your services, every auto repair and service company needs an influx of working capital from time to time. And with a working capital loan, we make sure you are rewarded for your hard work, and you keep more of what you earn. Our team of personal financial consultants are very knowledgeable about the auto repair and service industry and will customize your loan to meet your business’ specific needs, allowing you to maximize your business’ financial return!
- Purchase new equipment or repair existing
- Invest in new technology to add more services
- Open another location
- Hire and train new mechanics
- Expand to add another service bay
- Start a new advertising and marketing campaign
- Purchase parts inventory in bulk for better pricing
Every auto repair and service business require working capital at times—whether to upgrade technology or expand offerings. We provide access to working capital loans that recognize your dedication and help you retain more of your earnings. Our experienced financial consultant team specializes in the auto repair and service industry, tailoring loans to match your business's unique needs and maximize financial returns.
Minimum Qualifications
- Credit Score (Equifax Credit) 551 or higher
- Applicant must own the business. The business must be open and operating under the same ownership for at least one month (30 days).
- Your business must generate a minimum of $17,000 per month in gross sales ($200,000 annually) from both credit card and cash
Overcome Any Financial Hurdle
For auto repair and service business owners, expanding to a new location represents a significant opportunity to grow your reach and increase revenue. With flexible loan options, Funding Folder provides access to the support you need to seize this potential. Our funding solutions range from $5,000 to $1 million, paired with a streamlined online application process requiring minimal documentation. Unlike traditional bank loans, we offer approval opportunities even if your credit isn’t perfect.
If you own an auto body shop or a car service center and are looking for working capital with the lowest payments possible, simply complete our online application today. There is no hard credit pull so your credit will not be affected. We also employ seasoned loan consultants who live and work in your area, who are knowledgeable about your specific market and will work side-by-side with you throughout the process.