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Financing For Auto Repair Businesses
Equipment financing
How Select Funding Can Help Your Auto Repair Business
We offer quick and easy small business loans for auto repair businesses to hire and train employees,
purchase new equipment, cover operational costs and expand their services & locations.
Hire and Train Your Staff
Buy New Equipment & Tools
Increase Cash Flow
Cover Operational Costs
HEAR FROM OUR CUSTOMERS
How it Works
Step 1
Complete your application for funding in a few minutes through our online portal or call (866) 639 0404 to speak to one of our funding advisors.

Step 2
Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3
Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

SMALL BUSINESS LOANS FOR AUTO REPAIR BUSINESSES
We are passionate about creating opportunities for small businesses like yours
because we believe small businesses are the lifeblood of the community.
24 HOUR FUNDING
REVENUE BASED FINANCING
UNSECURED LOANS UP TO $500,000
MATCH WITH THE BEST OFFER ACROSS 25 LENDERS
TAKE ON LARGER PROJECT
PURCHASE NEW EQUIPMENT
Auto Repair Business Resources
Learn how to finance your business, improve your costs, or grow your business.


What Is The Right Business Loan For Auto Repair Shops?

How You Can Scale Your Auto Repair Business Through Small Business Funding
FAQ
What credit score do you need for Auto Repair financing?
As a part of our minimum requirements, it is advised to have a FICO score of 500.
How can I use the funds?
We usually provide loans to help Auto Repair businesses buy equipment or finance other business activities such as payroll or rent. You can use the funds to buy new tools, vans or hire and train new employees. Some Auto Repair business owners use the financing to be able to take on more projects.
Are there any minimum requirements for a Auto Repair Loan?
Yes, below are the minimum eligibility requirements:
- Revenue: $10,000/month in business deposits
- Time In Business: 6 Months
- Documents: 3 - Months of Business Bank Statements
- Minimum FICO Score: 500
How long does the application process take?
The entire application process for auto repair business financing takes a few minutes. You can use your device to complete the online application at your convenience. The online application can be found here.
What kind of documentation do I need to provide to get a Auto Repair loan?
We try to keep the paperwork at a minimum for food truck financing! You need to fill in our secure and quick online application and provide 3 months of business statements as an attachment to the online application.
If my application is approved for auto repair financing, how and when do I get paid?
From application to funding you can receive the cash you need in as little as two days and receive your equipment financing in as little as three days.
How Can I apply for auto repair financing?
Step 1: Apply
Complete our online application or contact a loan advisor through (866) 639 0404.
Step 2: Qualify
Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.
Step 3: Get Funded
Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.
Is it hard to get financing for an Auto Repair?
Getting a loan is fast and straightforward with Select Funding. We do not look at your profits but make the financing decision based on your revenue. We require a few documents and a minimal FICO score.