Cash flow challenges every auto repair shop faces
Costly diagnostic equipment
Modern vehicles — including EVs and hybrids — require expensive scanners, software subscriptions and training.
Parts inventory
Stocking common parts speeds up jobs but ties up cash.
Technician shortage
Recruiting and keeping skilled technicians requires competitive pay and training costs.
Common uses of auto repair shop funding
- Lifts, alignment machines and diagnostic tools
- Parts inventory
- Hiring and training technicians
- Adding service bays
- Marketing and online booking
- Covering slow months
Why merchant cash advances fit Auto Repair Shops
Repair shops have frequent card transactions and consistent demand, making them good candidates for revenue-based funding approved in days, not weeks.
Example: A 4-bay shop depositing $70,000 a month needs $25,000 for a new alignment machine and EV diagnostic equipment, allowing it to take on more profitable work immediately. (Illustrative example only; actual offers depend on underwriting.)
Requirements for auto repair shop funding
- 12+ months in business
- About $10K+ in monthly deposits
- Last 4 months of business bank statements
- All credit scores considered
Learn more about how a merchant cash advance works or check the full requirements.
How to apply
- Complete our online application (about 5 minutes).
- Upload your last 4 months of business bank statements.
- Our funding partner reviews your application and contacts you with options — funding can happen within 24 hours of approval.
Auto Repair Shops funding FAQs
Can I use funding to buy equipment?
Yes. A merchant cash advance can be used for any business purpose, including equipment, without the equipment being used as collateral.
How much can an auto repair shop get?
Amounts are based mainly on monthly revenue. Many shops qualify for 50–150% of one month of deposits.