Automotive Repair Shop Equipment Financing
Get Competitive Financing Rates for Auto Repair Shops
Get Competitive Financing Rates for Auto Repair Shops
20 years funding bay lifts, alignment machines, tire changers, diagnostics & more. App-only up to $250,000—fast approvals. Startups welcome.
We Know Auto Repair Financing
We’ve helped Auto Repair Shops, Body Shops, and Tire Shops finance equipment for two decades. Good credit? We can move fast with application-only financing up to $250,000 without financials.
Bad credit? No problem—let’s talk through your options. With a little legwork, we’ll graduate you to app-only terms over time.
- Up to 120% of total cost
- $0 down for well-qualified buyers
- Up to $250k (one-page app)
- Up to $5MM with financials
- 100% prefunding & vendor pre-fund OK
- 90-day deferral options
- Low-Doc funding; new & used eligible
- No age restrictions on certain assets
- Startups OK
Financing vs. Leasing
Repair Shop Equipment Financing
Spread the cost of bay lifts, alignment machines, forklifts, diagnostics, and more—while benefiting from ownership economics.
Repair Shop Equipment Leasing
Off-balance sheet FMV leases with 100% deductible payments (consult your tax pro). End-of-term options: purchase (often 10% or FMV), return, or upgrade. Lease-to-own is our most popular structure.
Both options preserve working capital, avoid large upfront costs, and can include installation, delivery, service, and inflation hedging.
What We Finance for Auto Repair & Body Shops
- Two-post & four-post lifts
- Alignment machines
- Tire changers & balancers
- OBD/diagnostic tools
- Paint booths & welders
- Air compressors & dryers
- Frame machines
- AD-A/ADAS calibration
- POS & shop management
- Parts washers & racks
- Delivery/service vehicles
- Tow trucks (for shops with towing)
What Do I Need to Apply?
- Online application (soft inquiry; hard pull by lender after approval)
- Equipment invoice or quote (multiple vendors OK; we can consolidate to one payment)
- 3–4 months of business bank statements
After you apply, a funding advisor will align terms with your goals, contact your vendor(s), and coordinate 100% prefunding where needed. Used equipment terms up to 60 months available.
Startup Auto Repair? You’re Covered.
Bring reliable, upgraded equipment into your startup with fixed monthly payments and minimal cash outlay—upgrade again at lease end if the gear depreciates.
- Up to 90% of equipment cost
- $250k one-page app; up to $2MM with financials
- Pre-funding for qualified vendors
- 12–60 month terms; $0 down for qualified borrowers
- Does not report to personal credit
Startup Credit Guidelines
- Business license or active entity (SOS)
- Personal guarantees from all owners
- Min. 650 FICO; no BK in last 7 years
- No unresolved tax liens
- Business bank account / EIN
Flexible Payment Programs
- $99 for the first 12 months
- 90-Day Deferral (no payments first 3 months)
- Low credit considered for well-established firms
- 0% promo for well-qualified shops
- No balloon equipment financing
- Fast approvals: app-only to $250k
- 60-month terms available
- Equipment Finance Agreements or FMV leases
- Multiple funding lines & working capital available
FAQ: Auto Repair & Body Shop Equipment Financing
How does equipment financing work for auto repair and body shops?
Secure a loan or lease to acquire equipment without paying the full cost upfront. You make fixed payments over a set term while the equipment generates revenue.
What equipment can be financed?
Diagnostics, lifts, tire changers, paint booths, welders, air systems, frame machines, ADAS calibration, POS/shop software, and more—new or used.
Top benefits?
- Preserve cash flow; avoid large upfront costs
- Flexible terms matched to your budget
- Potential tax advantages (consult your CPA)
- Access to newer technology sooner
Is a down payment required?
Varies by credit profile and asset—$0 down available for well-qualified borrowers.
What if I default?
Equipment may be repossessed; credit impact and potential legal action are possible. We aim to structure payments that fit your cash flow to avoid this.
Can I use financing for upgrades or expansions?
Yes—use it to add services, expand capacity, or replace outdated equipment. We can include installation, delivery, and service in the structure.
How do I apply?
Complete a one-page app, provide 3–4 months of bank statements, and an equipment invoice/quote. A funding advisor will coordinate vendor payment and next steps.
Funding Types That Power Expansion
Build-Out Capital
Renovations, leasehold improvements, signage—get your bays revenue-ready.
Equipment Financing Agreement
Acquire essential assets (lifts, racks, POS, office) without draining cash.
Line of Credit
Manage seasonality, inventory, and short-term operating needs.
Payroll Funding
Keep your A-techs and service writers onboard during slow weeks.
Inventory Financing
Maintain parts levels and turn times without tying up working capital.
Tow & Commercial Trucks
Add towing to your model for new revenue streams; we finance trucks, too.
Ready to Upgrade Your Shop?
Apply now to secure the capital you need to grow. The process is simple: a one-page application, three months of bank statements, and the equipment invoice. Call us at 888-511-6223.
Information provided is educational and not legal, tax, or accounting advice. Terms and programs subject to credit approval and change without notice.
Vendor Sign Up
Are you equipment dealer or vendor?
please click here to signup for a vendor program, no payment for 90 days, monthly payments upto 60 month
Apply for financing for your customer as a vendor
Get Started Today
Our application process is easy. Simply fill out our quick, online application and start the process of securing financing for your start up practice. Our knowledgeable finance experts are here to assist you in obtaining a start up financing loan.
If you have any questions, we invite you to contact us
- 619-795-3123
- Mon – Fri: 6:00 am – 6:00 pm (EST)