Auto Repair Shop Business Loans: Financing for Auto Service Businesses
Fast funding for auto repair shops — equipment, inventory, and working capital.
- Apply free — no impact to your credit score
- Funding as fast as same business day
- 75+ lenders competing for your business
75+
Lenders
$500M+
Facilitated
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Rating
Get your offers
How much do you need?
No hard credit pull · Takes 5 minutes · No obligation
Simple Process
Four steps to auto repair funding
We've simplified the process so you can focus on running your business, not chasing lenders.
Apply in 5 minutes
Answer a few simple questions about your business. No paperwork, no branch visit.
We shop 75+ lenders
Your application goes to our entire lender network simultaneously. One application, many offers.
Compare your offers
See real offers side by side. We help you understand every term so you can choose with confidence.
Get funded fast
Accept an offer and funding can hit your account in as little as 24 hours.
Free · No credit impact · 5 minutes
Industry Expertise
We know the auto repair business.
Auto repair shops require significant capital for diagnostic equipment, lifts, tooling, and parts inventory. Approvd connects auto repair, body shop, and tire center owners with lenders who understand the automotive service industry and offer fast, flexible financing.
Use your funds to:
- Equipment & Tooling Costs — Commercial lifts, diagnostic scanners, alignment machines, and specialty tools require significant capital.
- Parts Inventory Management — Maintaining adequate parts inventory ties up significant working capital.
- Seasonal Volume Fluctuations — Auto repair revenue can vary significantly by season and region.
- Technician Hiring & Retention — Skilled technicians are in high demand — competitive wages require solid cash flow.
"Added a fourth bay and a new lift. $75K funded in 2 days — it changed everything for our shop."
Antonio V.
Auto Repair Business Owner
Available Products
Financing options for auto repair businesses
The most popular financing types that auto repair businesses qualify for through Approvd.
Business Term Loan
Finance lifts, diagnostic equipment, alignment machines, or facility expansions with predictable payments.
Business Line of Credit
Manage parts inventory costs and cover payroll during slow months with revolving credit.
Revenue-Based Financing
Repayments scale with your shop's daily card transactions — great for shops with variable weekly volume.
SBA Financing
Best rates for established shops with strong financials looking to expand or purchase their building.
Qualifications
Do you qualify?
Most auto repairbusinesses that apply through Approvd meet these basic requirements. If you're not sure, apply anyway — our advisors will find the best option available to you.
Ready to find out?
Apply in 5 minutes and get real offers from lenders who specialize in auto repair financing. No obligation. No hard credit pull.
Common Questions
Questions from auto repair business owners
Can an auto repair shop get a business loan?
Yes — auto repair shops, body shops, tire shops, and detailing businesses all qualify for business financing through Approvd. Lenders evaluate your monthly revenue, time in business, and credit profile.
What is the best financing for shop equipment?
For large equipment purchases like lifts or alignment machines, business term loans offer the best terms. For ongoing operational needs, a business line of credit provides flexible access to working capital.
How fast can an auto shop get funded?
Revenue-based financing and business term loans can fund in 24–48 hours. SBA loans take 2–8 weeks. Most auto shops can have funding within 1–3 business days.
Ready for funding?
See what you can qualify for through the Approvd marketplace. Apply free — no impact to your credit score.