Auto Repair Financing
Car care has been a vital part of the economy since the Ford Edsel was the king of the road. But in the current economic environment, it is becoming increasingly difficult for many auto repair businesses to keep their garage doors open.
Car care has been a vital part of the economy since the Ford Edsel was the king of the road. But in the current economic environment, it is becoming increasingly difficult for many auto repair businesses to keep their garage doors open. Conventional lenders such as banks make it difficult for auto repair shops to qualify for small business loans. But Business Lending Authority is here to help by offering unsecured business loan alternatives. With our auto repair shop financing, you can have $1,000 to $1,000,000 of operating capital in just two days! Let Business Lending Authority get you the auto repair shop financing to help your business survive and thrive in the multi-billion dollar auto industry.
Cover Expenses With Auto Repair Shop Financing From Business Lending Authority
The economic downturn has hit the auto industry hard. Many car owners have lower incomes, which have forced them to perform repairs and vehicle maintenance themselves. The team of auto industry experts at Business Lending Authority understands how the lack of cash flow impacts your business. Lack of revenues, reduced prices and even lower profits make it harder to keep your business open. But with our auto repair shop financing, you will have the working capital to cover expenses such as paying workers, store leases, credit card processing fees, or to keep parts and supplies in stock. Our auto repair shop financing can be used to:
- Pay garage rent or lease
- Pay for insurance
- Meet payroll and hire highly-skilled workers
- Restock inventory
- Purchase equipment such as garage car lifts, diagnostic machines, tire racks and engine stands
- Buy furniture and office equipment
- Buy computers and cash registers
- Launch marketing and advertising campaigns
- Pay utilities
- Fund renovations
- Pay for building maintenance and equipment repairs
Auto Repair Financing : Get Approved for Auto Repair Shop Financing With Business Lending Authority
Conventional lenders have stacked the deck against auto repair shop owners, making it difficult to qualify for a small business loan. They require perfect credit, and ask for several quarters of income statements, tax returns for the last three years, personal guarantees and collateral. The entire process takes months and the likelihood of getting approved is slim. While you’re wasting valuable time trying to apply for a small business loan, your auto shop will continue to suffer from cash flow problems.
Business Lending Authority offers a fast an easy approval process for our unsecured business financing. We approve 90% of applicants, so you are likely to qualify. Whether you have good or bad credit, you could get approved for our auto repair shop financing. Our application process is as fast as a V-8 engine, and it only takes a few days to hear back from us. If approved, you will have $1,000 to $1,000,000 of unsecured business financing in your bank account in just 48 hours!
Why waste time waiting to hear a resounding “no” from banks and other conventional lenders? Let Business Lending Authority help you get access to fast auto repair shop financing today.
Here’s What You Need to Apply for Auto Repair Shop Financing:
- Monthly gross sales of $15,000 or higher.
- An auto shop that has been operating for at least 6 months. No startups.
- A brick and mortar shop. No home-based businesses.
- To fill out the simple application form on the side of this page.
Speak with a Business Lending Authority representative to complete a few easy steps, once you fill out the application.
What You Don’t Need for Auto Repair Shop Financing:
- Restrictions on how you use the money you apply for.
- Good credit.
- Collateral which you could lose or demands for liens on your property.
- Traditional business loans that take months to obtain, if you pass all the strict requirements.
Enjoy the Benefits of Ongoing Auto Repair Shop Financing from Business Lending Authority
Business Lending Authority will give you the opportunity to apply for more auto repair shop financing after you have paid back 70% of the original cash advance. That’s right! With our service, you can have access to additional operating capital in a few days. Banks and conventional lenders require borrowers to repay 95% to 100% of the original loan before letting you reapply. Their lengthy wait times could make you miss out on a lucrative contract to service a fleet of vans for a local delivery company, or cause you to lack the funding to buy a pricey new diagnostic machine when yours suddenly stops working.
No Restrictions with Our Auto Repair Shop Financing
Unlike conventional lenders, Business Lending Authority does not stipulate how auto repair shop financing can be used to help your business. Conventional lenders place restrictions on what you can buy or pay for with your auto repair shop loan. Their limitations could keep you from properly addressing problems that are plaguing your business. At Business Lending Authority, we take a hands-off approach. Once you have access to our auto repair shop financing, it can be used to help your business however you see fit. As a business owner, you sit in the driver’s seat at your shop everyday and know exactly what it needs to prosper. We give you the flexibility to combine your industry know-how with our auto repair shop financing to help your business thrive.
Expand Your Business with Auto Repair Shop Financing
Whether you want to lease a bigger facility, or to expand into the international car repair market by hiring an expert mechanic who specializes in European cars, you will have the operating capital to bring your vision to life. With our auto repair shop financing, you can expand your profit margin by focusing on the segments of your business that bring in the most money.
Leave your competitors in the dust with auto repair shop financing from Business Lending Authority. Simply fill out the form on the side of this page to get the unsecured business financing you need to continue to provide exceptional work and first-class customer service to clients. Apply now!