--- title: Auto Repair Business & Equipment Financing in 24 Hours | Select Funding description: Get the working capital you need to upgrade your equipment and achieve your business growth goals. --- ![Auto Repair Business & Equipment Financing](https://www.selectfunding.com/hubfs/autorepair_1711144729-2.jpeg "Auto Repair Business & Equipment Financing") # Auto Repair Business & Equipment Financing   ##### Get the working capital you need to upgrade your equipment and achieve your business growth goals. [ Apply Now ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) ## How We Can Help Your Auto Repair Business ![SF_icon-megaphone](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-megaphone.png?width=64&height=64&name=SF_icon-megaphone.png) #### Hire & Train Your Staff Cover a larger area to serve new markets and grow your business. ![Purchase New Equipment](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-moneybag.png?width=64&height=64&name=SF_icon-moneybag.png) #### Buy New Equipment & Tools Buy new equipment, tools, and materials to improve your work efficiency. ![Increase Cash Flow](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-chart1.png?width=64&height=64&name=SF_icon-chart1.png) #### Increase Cash Flow Get the chance to expand your locations, grow your business and your revenue with the help of our funding. ![Pay for Business Ops](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-store.png?width=64&height=64&name=SF_icon-store.png) #### Cover Operational Costs Pay monthly rent, utilities, and payroll. [ Get Funded ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) ## Financing Solutions for Auto Repair Businesses   ## Financing Solutions for Auto Repair Businesses   [ Check Eligibility ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) - ### Small Business Financing Get the funds you need to open a new facility, hire more employees, or take on bigger contracts. - ### Equipment Financing Secure the money to upgrade your manufacturing equipment, tools, or technology to improve your services. - ### Working Capital Loans Obtain an unsecured loan to get the capital you need to pursue your passion without diluting your business assets. [ Check Eligibility ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) ## How It Works ![Complete the Application](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-ecomm.png?width=64&height=64&name=SF_icon-ecomm.png) #### Complete the Application Take a few minutes to complete our secure online application or call one of our Funding Advisors at (800) 639-0404. ![Find Out If You Qualify](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-certificate.png?width=64&height=64&name=SF_icon-certificate.png) #### Find Out If You Meet Our Qualifications We’ll evaluate your application with our automated technology and get you a decision in a few hours. ![Get Your Funding Deposit](https://www.selectfunding.com/hs-fs/hubfs/Brand%20Assets/Icons/SF_icon-calendar.png?width=64&height=64&name=SF_icon-calendar.png) #### Get Your Funding Deposit After your application has been approved, we’ll transfer funds to your bank account within 2-3 days. [ Get Started ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-hourglass.png?width=30&height=30&name=icon-hourglass.png) ##### **24-Hour Funding** We make decisions quickly and fund your business within 24 hours. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-hourglass.png?width=30&height=30&name=icon-hourglass.png) ##### **Revenue Based Financing** We look at your sales, not profits. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-hourglass.png?width=30&height=30&name=icon-hourglass.png) ##### **Unsecured Loans Up to $500,000** Get a loan without leveraging any of your assets to secure funds. ## Benefits of Financing   ![SF_02-ProcessMapTemplate-header-1](https://www.selectfunding.com/hs-fs/hubfs/Content%20Marketing/M2%20-%20October%202022/SF_02-ProcessMapTemplate-header-1.jpeg?width=850&height=850&name=SF_02-ProcessMapTemplate-header-1.jpeg) We are passionate about creating opportunities for small businesses like yours because we believe small businesses are the lifeblood of the community. ## Benefits of Financing   ![SF_02-ProcessMapTemplate-header-1](https://www.selectfunding.com/hs-fs/hubfs/Content%20Marketing/M2%20-%20October%202022/SF_02-ProcessMapTemplate-header-1.jpeg?width=850&height=850&name=SF_02-ProcessMapTemplate-header-1.jpeg) We are passionate about creating opportunities for small businesses like yours because we believe small businesses are the lifeblood of the community. [ Apply Today ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-hourglass.png?width=30&height=30&name=icon-hourglass.png) ##### **24-Hour Funding** We make decisions quickly and fund your business within 24 hours. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-hourglass.png?width=30&height=30&name=icon-hourglass.png) ##### **Revenue Based Financing** We look at your sales, not profits. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-hourglass.png?width=30&height=30&name=icon-hourglass.png) ##### **Unsecured Loans Up to $500,000** Get a loan without leveraging any of your assets to secure funds. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-chart.png?width=30&height=30&name=icon-chart.png) ##### **Match with the Best Offer Across 25 Lenders** By working with over 25 lenders, we can offer the lowest rates. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-chart.png?width=30&height=30&name=icon-chart.png) ##### **Take on Larger Projects** We can help you take on larger projects that might require longer payback periods. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-chart.png?width=30&height=30&name=icon-chart.png) ##### **Purchase New Equipment** Purchase a new van or upgrade your equipment with financing up to $1,000,000. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-chart.png?width=30&height=30&name=icon-chart.png) ##### **Match with the Best Offer Across 25 Lenders** By working with over 25 lenders, we can offer the lowest rates. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-chart.png?width=30&height=30&name=icon-chart.png) ##### **Take on Larger Projects** We can help you take on larger projects that might require longer payback periods. ![calendar-body](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/modules/cards/icon-chart.png?width=30&height=30&name=icon-chart.png) ##### **Purchase New Equipment** Purchase a new van or upgrade your equipment with financing up to $1,000,000. ## Helping auto repair businesses succeed since 2010. ###### Select Funding got my business the equipment I needed within four days and gave me the working capital I needed in my account within 24 hours! Thank you, Select Funding, for helping my business grow! ![5 stars](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/5-stars.png?width=120&height=24&name=5-stars.png) ![Monika K.](https://www.selectfunding.com/hs-fs/hubfs/SB%20tech%20stack%20IG%20hero-1.jpeg?width=64&height=64&name=SB%20tech%20stack%20IG%20hero-1.jpeg) –Monika K. ###### Select Funding helped us receive funding to expand my business and grow when we needed it most! They went above and beyond for my business. I recommend them for any business that needs funding to support their infrastructure, expand their blueprint or any other endeavor. ![5 stars](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/5-stars.png?width=120&height=24&name=5-stars.png) ![Pat B.](https://www.selectfunding.com/hs-fs/hubfs/Content%20Marketing/M1%20-%20September%202022/6%20Effective%20Social%20Media%20Marketing%20Strategies%20for%20Small%20Businesses.jpeg?width=64&height=64&name=6%20Effective%20Social%20Media%20Marketing%20Strategies%20for%20Small%20Businesses.jpeg) –Pat B. ###### Select Funding is a real business, managed by real people providing a superb service. They guided me throughout the process and were not only professional, but also really went the extra mile to get my business funded in less than five days. I will definitely do business with them again! ![5 stars](https://www.selectfunding.com/hs-fs/hubfs/raw_assets/public/SelectFunding/images/placeholders/5-stars.png?width=120&height=24&name=5-stars.png) ![Luis S.](https://www.selectfunding.com/hs-fs/hubfs/Content%20Marketing/M1%20-%20September%202022/SF_01-SmBusinessBudget-1750x900-1.jpeg?width=64&height=64&name=SF_01-SmBusinessBudget-1750x900-1.jpeg) –Luis S. [ Become a Customer ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) [ Become a Customer ](https://info.selectfunding.com/small-business-financing?utm_content=Auto%20Repair&hsLang=en) ## Frequently Asked Questions ## Frequently Asked Questions - What credit score do you need for auto repair financing? We require business owners to have a minimum credit score (FICO) of 500 to qualify. - What are the criteria for auto repair financing? We have four criteria for approval, as follows: - FICO Score: 500+ - Revenue: $10,000+ in monthly deposits - Time in Business: 6+ Months - Documentation: 3 months of business bank statements - What documentation do you require for auto repair loans? We require completion of our online application plus three months’ worth of business bank statements to verify your revenue. - How long does the application and approval process take? The application process can be completed in just a few minutes. You can either fill out our brief online application using our secure portal or call us at (866) 639-0404 to speak to a Funding Advisor. Most applications are evaluated and approved within a few hours. - What steps are included in the application process? The application process has just three steps: 1. Apply by completing our online application or contacting a Funding Advisor at (866) 639-0404. 2. Qualify when we evaluate your completed application using our automated technology, usually within a few hours. 3. Get funded within 48 hours for small business financing or within 72 hours for equipment financing when we deposit funds directly into your account. - What can I use the funds from my auto repair business financing to do? You can use funding from an Auto Repair Business Loan to pay for your operating expenses, upgrade your equipment and technology, open a new location, or hire and train new staff. - How and when will I receive my money? After your approval, we will process your loan and transfer funds to your bank account within 48-72 hours. ![02shutterstock_1955362555-1](https://www.selectfunding.com/hubfs/Content%20Marketing/M2%20-%20October%202022/02shutterstock_1955362555-1.jpeg "02shutterstock_1955362555-1") ## Small Business Insights [![social media marketing for small business](https://www.selectfunding.com/hubfs/M1%20-%20September%202022/6%20Effective%20Social%20Media%20Marketing%20Strategies%20for%20Small%20Businesses.jpg) 6 Effective Social Media Marketing Strategies for Small Businesses Small business marketing must include a social media marketing strategy designed to help them connect with their current customers and attract new ones. Read More** ](https://resources.selectfunding.com/social-media-marketing-for-small-business?hsLang=en) [![business growth strategy](https://www.selectfunding.com/hubfs/M2%20-%20October%202022/02shutterstock_1955362555.jpg) 6 Types of Business Growth & How to Choose a Business Growth Strategy If you want to grow your business, you’ll need to consider where you are and where you want to go to choose the best business growth strategy. Read More** ](https://resources.selectfunding.com/business-growth-strategy?hsLang=en) [![](https://www.selectfunding.com/hubfs/01shutterstock_2225224013.jpeg) 8 Benefits of Opening a Small Business Bank Account Here are eight benefits of opening a business bank account plus some information on what you need to open an account and which features to look for. Read More** ](https://resources.selectfunding.com/small-business-bank-account?hsLang=en) [![types of small business loans](https://www.selectfunding.com/hubfs/M1%20-%20September%202022/What%20is%20an%20Unsecured%20Loan_%20%26%205%20Types%20of%20Small%20Business%20Loans.jpg) What is an Unsecured Loan? & 5 Types of Small Business Loans We've compiled information about unsecured loans, plus five types of small business loans that can help you get the money you need to achieve your goals. Read More** ](https://resources.selectfunding.com/types-of-small-business-loans?hsLang=en) [ See all Articles ](https://resources.selectfunding.com?hsLang=en) [ See all Articles ](https://resources.selectfunding.com?hsLang=en)