A repair shop's tools are expensive and its work arrives unevenly. Working capital pays for a lift or a scan tool without waiting for the next busy month.
Apply Now →Mechanical repair has become a technology business. Diagnostic scanners, calibration equipment for driver-assist systems, alignment racks, tire machines and two-post or four-post lifts are not optional if a shop wants to work on modern cars. They are also priced like machinery, and software subscriptions renew on top of that.
The shop owner faces a choice: turn away jobs that need equipment the shop does not have, or take on a big purchase before the jobs that justify it arrive.
A lift that fails stops a bay. A scan tool update that requires new hardware stops a whole category of work.
Common parts such as brake pads, filters and belts are worth stocking for speed. Cash that sits on a shelf cannot pay a technician, but running out of parts loses the job.
Technicians, especially certified ones, are hard to replace. Shops tend to keep them through slow stretches, which means paying wages from cash reserves.
Repair demand is not flat. Cold snaps, potholes, summer road trips and the end of inspection windows all create rushes, and in between come quiet days. A shop with fleet customers, such as delivery vans or local businesses, may see steadier work but wait longer for payment on invoices. A retail-only shop gets paid at pickup but has less predictable traffic.
A shop wants an alignment rack and a calibration system, a combined purchase of about $65,000, so it can take on alignment and driver-assist work it now sends to a competitor. The new work adds revenue every week, but the shop must buy first. These numbers are round and invented for illustration, and are not our terms or a typical outcome.
When we review about three months of business bank statements for a repair shop, the questions are simple: do deposits come in regularly, is there a healthy flow of customer payments rather than a few large irregular ones, and do the withdrawals look like a working shop paying parts suppliers, payroll and rent? Seasonal dips are expected and do not by themselves count against you.
It helps to keep the shop's business account separate from personal spending. Many small owners mix the two, which makes it harder to see the business clearly. If your statements are mixed, say so in the application and explain what each deposit stream is.
Shops that accept cards, cash and fleet payments often show several deposit patterns at once. That is normal and does not need to be simplified for the application.
We fund $25,000 to $5,000,000, with funds possible in as little as 24 hours after approval. We consider FICO 500+, use a soft pull, and do not ask for tax returns. Provide about three months of business bank statements. Sole proprietors, who own many independent shops, can apply.
Apply here. It takes about five minutes.
Yes. Shop size does not matter. A business bank account with revenue moving through it does. Sole proprietors can apply.
Statements show your actual deposits. Mention fleet payment timing in the application so reviewers understand the pattern.
Equipment is one of the most common uses. State what you plan to buy.
No. The application uses a soft credit pull.
About three months of business bank statements. Tax returns are not required.
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
