Direct Answer: How can auto repair shops get funding quickly?
Auto repair shops can access funding in 24-48 hours through revenue-based financing. Lenders look at your monthly deposits and credit card sales rather than just your credit score, making it easier to buy equipment or cover payroll during slow weeks.
Running an auto shop is capital intensive. Lifts break, diagnostic tools need updates, and skilled mechanics expect to be paid on time every Friday—even if your customers haven't paid their invoices yet. Banks often view repair shops as 'high risk' or demand collateral you can't spare.
The Solution: Cash Flow Funding
We offer revenue-based funding options that align with your shop's cash flow. Whether you need a Merchant Cash Advance (MCA) based on your card sales or a Line of Credit for parts inventory, we have options.
How We Help Auto Repair Shop Funding
Fairly Funded connects you with partners who understand your industry. We look past the FICO score and focus on the health of your business.
Key Use Cases:
- New Equipment: Buy a new 2-post lift or alignment machine immediately.
- Parts Inventory: Stock up on tires and common parts to turn jobs faster.
- Payroll: Bridge the gap between completing a big fleet job and getting paid.
Frequently Asked Questions
Do I need perfect credit? No. We focus on your shop's monthly revenue and deposit history. Many approved owners have credit scores below 650.
Can I use the funds for payroll? Yes. Once funded, the capital is yours to use for any business expense, including payroll, rent, or taxes.
Ready to Move Forward?
Don't let a lack of capital slow you down. Apply today and see your options in 24 hours.