Auto body shops need parts, paint, technicians and equipment while insurance payments and customer balances are still pending. Funding can help keep repairs moving.
Common uses
- Paint booths, frame machines and lifts
- Parts, paint, materials and supplies
- Technician payroll and hiring
- Insurance claim timing gaps
- Shop repairs, rent and marketing
Funding options
Equipment financing can support lifts and paint booths. Working capital can cover parts and payroll. Shops with steady deposits may compare term loans.
Underwriting tip: repair orders, insurance receivables and monthly deposits help show consistent shop activity.
Finance auto body shop needs
Compare equipment, parts and working capital options.
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