Auto Repair Business & Equipment Financing

We require business owners to have a minimum credit score (FICO) of 500 to qualify.

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

We require completion of our online application plus three months’ worth of business bank statements to verify your revenue.

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.

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.

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.

After your approval, we will process your loan and transfer funds to your bank account within 48-72 hours.