How auto shops, mechanics, and repair businesses in the US and Canada access optimal financing for lifts, tools, expansion, and working capital. Industry-specific solutions for automotive professionals.
Automotive service businesses face specialized financial hurdles requiring industry-specific solutions:
Tailored funding options for independent garages, franchise shops, tire centers, and collision repair businesses:
"Our client's 4-bay shop secured $185K at 7.2% for Snap-on tool upgrades and a new alignment system, saving $42K versus dealer financing."
"A Montreal garage accessed $92K CAD through our program to add two EV service bays when banks required 25% down payment."
While convenient, dealer financing often carries rates 3-5% higher than specialty auto business lenders.
Establish business credit with tool vendors and parts suppliers to qualify for better terms on larger loans.
Secure lines of credit during peak seasons (summer/winter) when your financials look strongest.
ASE-certified equipment and EV certifications can qualify you for better loan terms and grants.
80% of shop loans are denied when urgently needed - establish financing relationships during stable periods.
Download our 28-point checklist to maximize your repair business's financing options in 2025-2026:
"This toolkit helped our 6-bay shop increase available credit from $75K to $320K while lowering our equipment financing rate by 3.1 percentage points."
Take the next step toward better financing for tools, equipment, or expansion: