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auto shop business loan & repair shop funding optionas auto repair shop business loan
auto repair shop business loans
No matter how skilled you are at fixing cars, there’s no DIY solution for cash flow challenges. Here are some common reasons auto repair businesses turn to auto repair business loans:
Cover day-to-day expenses like payroll, inventory, and utility bills without breaking a sweat.
Why Auto Repair Shops Need Financing?
No matter how skilled you are at fixing cars, there’s no DIY solution for cash flow challenges. Here are some common reasons auto repair businesses turn to auto repair business loans:
Upgrading equipment
From advanced diagnostic machines to hydraulic lifts, high-quality tools don’t come cheap. Loans can help you stay on the cutting edge.
Expanding your shop
Got a growing customer base? Adding more service bays means you can serve more customers and increase revenue.
Managing working capital
Cover day-to-day expenses like payroll, inventory, and utility bills without breaking a sweat.
Inventory purchases
Stocking up on parts means quicker service and happier customers. Loans help you bulk-buy and save.
Marketing and advertising:
More cars in your shop means more profit. A well-planned marketing campaign can bring in new customers and keep existing ones coming back
Types of Auto Repair Business Loans We Offer
When it comes to financing, one size doesn’t fit all. That’s why we offer a range of options to meet your unique needs:
Merchant Cash Advance
Ideal if your shop processes a lot of card payments. You receive a lump sum upfront, and we collect a percentage of your daily credit card sales until the advance is repaid.
Merchant cash advances offer flexibility since repayment is tied to your daily sales. This means that during slower periods, your repayment adjusts accordingly, helping you maintain steady cash flow.
Workin Capital Loans
Keep your shop humming along smoothly. These short-term loans can cover payroll, rent, and other everyday expenses, ensuring your business keeps its wheels turning.
Sometimes, cash flow issues arise even when your shop is doing well. A working capital loan can bridge the gap between payables and receivables, giving you the flexibility to focus on what matters—running your business.
Business Line of Credit
Think of it as your financial safety net. Draw only what you need, when you need it, and pay interest only on the amount you use. Perfect for managing cash flow and covering unexpected expenses.
A line of credit is an incredibly versatile financial tool. Instead of applying for multiple loans every time you need capital, you can dip into your line of credit whenever necessary. Whether you’re dealing with seasonal slowdowns or sudden expenses, this option provides peace of mind.
Equipment Financing
Need new tools? This loan type allows you to purchase the equipment you need while spreading the cost over time. With this, your tools work just as hard as your investment.
Whether you’re replacing outdated equipment or buying brand-new machinery, equipment financing helps reduce the financial strain by giving you the flexibility to repay over time. From alignment machines to high-tech diagnostic tools, staying current with industry standards is vital. And with equipment financing, you can keep your shop modern without depleting your cash reserves.
How Our Auto Shop Loans Stand Out
Flexible Use of Funds
Use your funds your way—whether it’s for marketing, hiring, inventory, or managing cash flow, you decide what’s best for your business.
Fast & Simplified Approval
Skip the lengthy appraisals and asset verifications of traditional loans. Get approved in days, not weeks.
Preserves Asset Ownership
No need to risk your property, equipment, or inventory. Keep full control of your business assets.
No Collateral, No Worries
Get funded without putting personal or business assets on the line. Focus on scaling, stress-free.
Why Choose Our Auto Repair Shop Loans?
We know how critical it is to have reliable auto repair shop financing that aligns with the unique needs of your automotive repair business. Our financing solutions are quick, flexible, and specifically designed for auto repair shops. Here’s why you should consider auto repair shop loans with us:
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Upgrade Equipment & Tools: Stay ahead of the curve with the latest diagnostic tools and equipment.
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Expand Your Shop: Open a new location, expand your current facility, or renovate your space.
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Manage Cash Flow: Cover operating expenses, pay employees, or purchase parts and inventory.
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Boost Marketing Efforts: Drive new customers to your shop with a focused marketing campaign.
Benefits of Our Financing Solutions
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Types of Loans We Offer forAuto Repair Shops
At Cap2All, we provide a variety of loans for auto repair shops to meet the specific needs of your business. Whether you’re looking for working capital to cover day-to-day expenses, need funds to upgrade equipment, or are planning an expansion, we offer flexible financing options, including:
Auto Repair Shop
Term Loans
Quick capital, secured and unsecured
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Credit score 500+
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Terms 6 to 36 months.
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6 months minimum time in business
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Funding From $25,000-$500,000
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For , US-based businesses.
Auto repair business:
Auto repair business loans are ideal for auto repairs ops that need quick access
to funds for day-to-day operations.
Whether you need to cover payroll, manage inventory, or pay for overhead costs, these loans provide your auto repair business with the cash flow it needs to stay operational without disrupting your workflow.
Auto Repiar Shop
Business Cash Advance
Quick funding, flexible payments.
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Financing up to $5,000,000.
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Terms up to 18 months.
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Daily or weekly payment structures.
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For both US and Canadian businesses.
Working Capital Loans
Working capital loans are ideal for auto
repair shops that need quick access to
funds for day-to-day operations.
Whetheryou need to cover payroll,
manage inventory, or pay for overhead
costs, these loans provide your auto repair business with the cash flow it needs to stay operational without disrupting your workflow
Auto Repair Shop
Line of Credit
Financial flexibility, same-day decisions
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Credit lines up to $250,000
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Rates as low as 4.8%.
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Ongoing access to funds
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No Upfront Fees
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for US-based businesses.
Invoice Financing
Invoice financing can help auto repair shops manage cash flow if you have clients with long payment terms. By borrowing against outstanding invoices, you gain immediate access to funds while waiting for your customers to pay. This is especially beneficial for shops that work with large clients or fleet services.
Auto Repair Shop
Equipment Financing
Competitive rates, and fast approval. :
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Loans up to $500,000 with rates starting at 4.99% APR.
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Pre-approvals within 24 hours.
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No start-up businesses.
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For US and Canadian companies.
Equipment Financing &
Equipment Loans
If your auto repair shop requires specialized equipment or tools, such as diagnostic machines, lifts, or paint booths, equipment financing and equipment loan are the best options. This type of financing allows you to purchase the equipment you need and pay it off over time, with the equipment itself often serving as collateral.
How to Qualify for an Auto Repair Shop Loan
Applying for an auto repair shop loan is simple.
The application process is easy and only requires some basic information about you and your businesses sales history.
SUBMIT YOUR APPLICATION
GET A DECISION
Within a few hours a funding specialist will contact you and go over your funding options and provide you with a funding agreement
RECEIVE YOUR FUNDS
Once the funding agreement is signed we will deposit the money into your business bank account within 24 hours
Frequently Asked Questions
FAQ
Question: What’s the interest rate?
Answer: Our rates vary based on your business profile, chosen product, and term length. We provide clear and competitive rates tailored to your situation.
Do I qualify with bad credit? Absolutely. We focus on your business performance and future potential, so even if your credit isn’t perfect, we may still have options for you.
What documents do I need to apply? You’ll need basic business details, bank statements, and a government-issued ID. Our application is designed to keep paperwork to a minimum.
Question: Is a high credit score required for unsecured business loans?
Answer: Not necessarily. While some credit history is reviewed, our programs are flexible, and we consider factors beyond just credit scores.
Question: How fast can I get funded?
Answer: Most of our customers receive their funding within 24 hours of approval, so you can keep your shop running without delay.
Ready to drive your business forward? With fast approvals, flexible terms, and financing tailored to automotive businesses, we’re here to support your growth every step of the way.