Automotive Repair Financing Solutions

Offering effective working capital options for the Automotive Repair Industry

Our team has helped over 15K businesses receive
$1 Billion+ Funding

Financial solutions for the auto repair business

Whether you’re looking to increase the size of your skilled staff, upgrade your equipment, or add to your supplies, Platform Funding has the working capital options you need to keep your business up to speed.

Throughout our time as a company, we have found effective working capital solutions for businesses throughout the automotive repair industry. We understand that your company requires cash on hand in order to keep the machinery running smoothly (literally and figuratively).

Without the right employees, fully functional equipment and a constantly replenished inventory, it would be impossible to run a successful automotive business. With our streamlined application process and flexible repayment terms, we’d love to provide the working capital your business needs.

Imagine your automotive business using working capital from Platform Funding to:

business line of credit calculator

Our Process

Get funded for the auto industry in 3 simple steps

  • Step 1 - Apply securely online

    Visit our Get Funded page and start the application process. It’s simple, quick and easy and most importantly, completely secure. We only require 4 recent business bank statements to begin the funding application.

  • Step 2 - Select a funding plan

    We start by assigning a business funding specialist to determine exactly what your borrowing needs are. Next, we’ll help design a program focused on your funding request and desired repayment terms.

  • Step 3 - Receive Your funds

    After you receive your funds, begin the repayment process. Our team will always be available for any future funding requests. For any future funding our renewal funding specialists are on standby for all your upcoming funding needs. Just call us or visit our Get Funded page.

Our Auto Repair Financial Services

Are you seeking other financial services for your Auto Repair business? Or maybe you’re not sure what financial solution is the best fit for your business. We’ve got you covered. Platform Funding offers solutions for all the financial services you need. 

Are you looking for more funding options? Check out all our Auto Repair financial services!

Business loans have a fixed interest rate and term and are typically longer in duration. 

A line of credit on the other hand is a revolving loan that provides a set amount of capital that can be accessed when needed.

Revenue advances allow you to sell a % of your future receivables at a small discount.  We then collect our fixed % back over a non-fixed period of time until the purchase amount is received.

Factoring turns your invoices into immediate capital. You sell your invoices and we advance you immediate funds, then we collect from your customers and advance you the balance minus a small fee.

Equipment Leasing is a solution to purchasing pricey items for your business. Equipment lease financing essentially refers to funds borrowed from a lender that can be used as payment for an equipment lease.

Auto Repairing FAQs

Frequently Asked Questions

Can I get a loan for my auto repair business?

Answer: You definitely can! At Platform Funding, we have provided dozens of small and medium auto repair businesses with the working capital they needed to keep their businesses up to speed. Contact us today to start the application process.

If I get a loan for my auto repair shop, what can I use it for?

Answer: You can use our business loans to hire or train new employees (from mechanics to sales reps), open a new location, or replace old or damaged equipment. Don’t hesitate to contact us if you have any specific needs and want to find out whether our loans apply. We have several financial solutions available for auto repair businesses.

Are there any minimum requirements to apply for a loan for my auto repair business?

Answer: Minimal eligibility requirements for a auto repair business loan include having been in business for more than 6 months, providing us with your last 3 bank statements, and making an average monthly revenue of at least $12,500. If you have any questions about your eligibility for a loan, contact us today and we will be happy to help you.

What are the steps to apply for a loan for my auto repair shop?

Answer: Get your auto repair business funded in only three steps:

1) Apply securely online,

2) Select a funding plan designed specifically for your business needs,

3) Receive your funds. Start your business loan application today.

What are the repayment terms for my business loan?

Answer: Repayment terms are custom-made for each of our clients and are designed to fit their growth schedule. Set up a call with one of our business funding specialists today to learn more.

Can I use the loan to finance new equipment for my auto repair business?

Answer: Most definitely! Our financial solutions will allow you to replace old and worn equipment with more modern tools that will make your auto repair shop more efficient.

Minimal eligibility requirements for financial solutions

Ready to get funded?

Let’s start getting you funded. Use the link below or call (866) 473-1455.
Our process is simple, fast, and secure.

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