Auto Repair & Body Shops business loans
Auto repair shops fund lifts, diagnostic equipment, and working capital with revenue-based MCAs and equipment financing — approved with 3 months of bank statements.
Industry overview
There are more than 240,000 auto repair and body shops in the US (BLS NAICS 8111), most of them independent. Shop economics are dominated by two costs: diagnostic equipment (ADAS calibration alone runs $30k–$100k+) and parts inventory.
Body shops have an additional layer: insurance pay can age 30–60 days, and supplements can drag total cycle time past 90 days. Working capital loans and lines of credit close that gap.
Equipment financing is the high-leverage product — alignment racks, scan tools, frame machines, paint booths, and ADAS calibration rigs all qualify at up to 100% financing.
Common funding needs
- Diagnostic equipment costs
- Parts inventory cash flow
- Insurance-pay AR delays
- Shop expansion
Independent shops and franchises fund equipment, parts, and growth.
Pros
- Approval based on bank deposits — credit-card-heavy shops qualify easily
- Equipment financing on alignment, ADAS, paint, and frame at 100%
- Working capital available with FICO down to 500
- Renewals available after 50% paid down on MCAs
Cons
- Body-shop insurance AR drags repayment timing on revenue-based products
- Used equipment over 10 years old typically requires more down
- Stacked advances damage cash flow quickly
Common mistakes to avoid
Skipping ADAS calibration capability
60%+ of new vehicles need ADAS calibration after a windshield or bumper repair. Without an ADAS rig, you're sublating work that should stay in-house.
Buying used scan tools without OEM updates
A scan tool without current OEM subscription is a paperweight on most 2020+ vehicles. Always factor subscription cost into the equipment lease/finance package.
Funding rent and payroll with high-cost MCAs
If your monthly revenue is volatile, an LOC at 12–18% beats a 1.35-factor MCA every time. Always quote both.
Real-world scenarios
$45k ADAS calibration rig
An independent collision shop financed a Hunter ADAS rig at 100% on a 60-month term, paid back from incremental in-house calibration billing.
$30k working capital for parts pre-buy
A high-volume independent took a 9-month working capital loan to pre-buy parts ahead of a tariff-driven price increase.
Illustrative scenarios based on common deal structures. Actual terms vary by underwriting.
Lead-gen pre-check
See if your auto repair & body shops business qualifies
Free pre-qualification. No credit pull. No signup required.
Free pre-check
Eligibility checker
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Underwriting disclaimer: The eligibility checker is a self-reported pre-qualification tool. It does not constitute an offer of credit or a guarantee of approval. Every funded file goes through full underwriting — including bank statement analysis, business verification, and a credit inquiry whose type (soft or hard) is disclosed before you sign. Final terms, rates, and amounts depend on underwriting and the specific lender or program.
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Funding products
Merchant Cash Advance
Fast capital based on future receivables
- Amount
- $5,000 – $2,000,000
- Speed
- Funded in 24 hours
Equipment Financing
Up to 100% financing for the gear you need
- Amount
- $10,000 – $5,000,000
- Speed
- Funded in 3–7 days
Working Capital Loans
Cover payroll, inventory, and day-to-day expenses
- Amount
- $5,000 – $1,000,000
- Speed
- Funded in 24 hours
Top states for auto repair & body shops
All states & provinces — auto repair & body shops
Industry-specific auto repair & body shops financing pages for every state and province we fund.
FAQs — Auto Repair & Body Shops
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Get funded in as little as 24 hours
$5,000 to $25,000,000. Free pre-qualification. No upfront fees. Same-day decisions for clean files.