A repair shop spends on parts, payroll and tools before customers pay. This page walks through the four places working capital usually goes in a shop, and what we need to see.
Apply Now →Customers pay for a brake job after it is done. The pads, rotors and fluid were bought days earlier, often on a supplier account with its own due date. A shop that handles more jobs at once needs a bigger parts float.
Experienced technicians are the shop's main asset. Wages are fixed whether the week is full or half empty, so a slow stretch hits payroll before it hits anything else.
Scan tools, calibration equipment and the software behind them need steady refreshing as new vehicles arrive. Costs show up in lumps.
Rent, insurance and utilities do not flex with the season. A New York shop can see its slowest weeks when weather keeps people at home and its busiest when conditions turn rough on cars.
Working capital is general-purpose operating funding. Unlike financing tied to a single purchase, it can cover parts, payroll and tools in the same month, which suits a shop where all three are pulling on cash at once.
If the entire need is one big machine, compare it with equipment financing before deciding. If the need is several smaller pressures landing together, working capital is usually the cleaner fit.
This is a planning exercise, not a quote. Any offer will depend on what your bank statements show.
The basics on our side: amounts from $25,000 up to $5,000,000, funded in as little as 24 hours once things are in order. We consider FICO 500 and up, review roughly three months of business bank statements, and do not ask for tax returns. You can start the 5-minute application with a soft credit pull, and sole proprietors are welcome.
Shops that deposit customer payments regularly, including card batches, usually show that cash flow clearly in their statements.
Working capital is general operating funding, so covering payroll while revenue catches up is a common use. Any specific requirements come with the offer.
No. We do not require tax returns. We review about three months of business bank statements instead.
FICO scores of 500 and above are considered. The application uses a soft credit pull, so applying does not add a hard inquiry.
Our range is $25,000 to $5,000,000. What fits your shop depends on your deposits and your needs.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
