An auto repair shop lives and dies by uptime — every idle bay is lost revenue. Auto repair shop loans fund the equipment, parts and people that keep cars moving through, so you can take on more work and never turn a customer away for lack of capital.
What shop owners fund
- Lifts & equipment — add bays, alignment machines, scanners and tools.
- Parts inventory — stock up to finish jobs faster.
- Diagnostic technology — keep up with newer vehicles and EVs.
- Payroll & techs — hire and keep skilled mechanics.
- Expansion — open a second location or add services.
Funding options
Equipment financing for lifts and diagnostic tools with low or no money down. Working capital for parts and payroll — no minimum credit score on many programs. Line of credit to smooth cash flow between jobs.
Typical guidelines
| Requirement | Typical minimum |
|---|---|
| Time in business | As little as 4 months (equipment: no minimum) |
| Monthly revenue | $10,000+ in deposits |
| Credit score | No minimum on many programs |
| Documents | 1-page application + 4 months bank statements |
Frequently asked questions
How do auto shops get funding?
Equipment financing for lifts and tools, working capital for parts and payroll, and lines of credit for cash flow — many with no minimum credit score.
Can I finance equipment with bad credit?
Yes — equipment financing is secured by the equipment, and revenue-based working capital approves on your deposits.
How fast is funding?
Working capital can fund the same or next business day.