An auto repair shop's revenue is capped by two things: how many bays you can run and how fast you can get parts in the door. When a lift goes down or a big parts order ties up your cash, jobs back up fast. Steady ticket revenue makes repair shops easy to underwrite through revenue-based and equipment programs — even with mid-600 credit.
What repair and body shops fund most
- Lifts & bay equipment — adding or replacing a two-post, alignment rack, or scissor lift
- Diagnostic & calibration tools — scan tools and ADAS calibration gear that open up modern-vehicle work
- Parts inventory — buying common parts and tires in volume to cut turnaround time and supplier markups
- Body shop equipment — frame machines, paint booths, welders, and PDR tools
- Payroll & certifications — keeping techs on staff and funding ASE/manufacturer training
- A second bay or location — expansion once your schedule stays full
Matching the funding to the job
Different needs call for different structures. When the asset is the point — a lift, a scan tool, a paint booth — equipment financing often gives the cleanest terms because the equipment helps secure the deal. When you need flexible capital that moves with your ticket volume, a revenue based financing program reviews your card batches and deposits and lets remittances flex with how busy the shop is. For a planned, fixed-cost project like a build-out or a second location, a business term loan gives you predictable payments.
💡 Cash-flow tip: a parts deep-buy that shortens turnaround usually pays for itself — more cars completed per week beats discounts you can't act on. Fund the inventory, free up the bays, and let throughput cover the cost.
Typical qualifying profile
- 6+ months in business
- $15K+ monthly revenue (tickets, card sales, and deposits)
- Mid-600 credit or improving — see the 650 credit score guide
- A business bank account with consistent recent activity
Get your statements together — the document checklist spells out exactly what underwriting needs — and most shop files move quickly. Approval and terms are subject to lender underwriting.
Keep every bay running
One 60-second form. No documents to start, and the short form does not pull credit.
Check My Funding OptionsFAQ
How fast can a repair shop get funded?
Reviews can start the same day statements are in, and many shop files see decisions within 24–72 hours because card and deposit data verify quickly. Equipment deals can take a little longer if a vendor quote is involved. Timing varies by lender and documentation.
Can I get funding for a shop the bank turned down?
Frequently, yes. Banks decline plenty of healthy shops over time-in-business, industry codes, or a single rough month. Revenue-based underwriting reads the whole pattern of your deposits instead. The guide on what to do after a bank decline walks through the next steps.