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Mechanic working in an auto shop

Automotive

Funding for dealerships, repair shops, and automotive service businesses.

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Industry-Specific Programs
Nationwide Financing
Fast Decisions
Dedicated Funding Specialists
Who We Serve

Repair shops, service centers, and automotive-related businesses.

Funding Challenges

Automotive businesses face equipment and inventory costs, from diagnostic tools to vehicle inventory, alongside the working capital needs of day-to-day operations.

Funding options that fit

Common ways automotive businesses access capital.

Equipment financing for shop or diagnostic equipment
Working capital for parts and payroll
Funding for a new or additional location

Why Automotive businesses choose us

Equipment & Tool Financing

Financing diagnostic equipment, lifts, or tools without a large upfront cost.

Parts & Inventory Working Capital

Covering the cost of parts and inventory between jobs.

Shop Expansion Options

Funding for expanding or opening an additional location.

What funding partners consider

Factors that commonly shape funding options for automotive businesses.

Typically Reviewed
Service Volume & Ticket Size

Consistent service volume can support your application.

Equipment Value

Shop equipment may factor into financing terms.

Time in Business

Established shops typically qualify for more program types.

Example scenarios

A few ways automotive businesses put funding to work.

Upgrading Shop Equipment

Financing new diagnostic tools or lifts.

Stocking Parts Inventory

Covering upfront parts costs for upcoming jobs.

Opening a Second Location

Funding buildout and initial costs for expansion.

Frequently asked questions

For repair shops and automotive service businesses, that often means equipment financing for diagnostic tools and lifts, working capital for parts and payroll, and funding for a new or additional location.
Service volume and average ticket size, the value of shop equipment, and time in business are common factors lenders weigh for automotive service businesses.
Yes, equipment financing is commonly used for this kind of shop equipment.
Yes, options exist for buildout and initial operating costs at a new shop location.
Working capital can be used to cover parts and inventory costs as needed.

Funding built for Automotive businesses

One application, matched to funding options across our lending network.