Auto Repair Shop Financing Nationwide for Repair and EV Shops, $10K to $5M
🔧 Financing Built for Auto Repair ShopsI’m Kevin Kermeen, a nationwide commercial loan broker, not a bank. Auto repair shop financing funds the four things that drive a shop: the equipment, the parts, the bays and the future. Lifts, alignment racks, tire changers, road-force balancers and diagnostic scanners are financed with the gear as collateral. You float parts on a job before the customer pays. More bays mean more cars and more revenue. And the EV wave is here… servicing electric cars, SUVs and trucks takes high-voltage tools, EV-rated lifts and certified techs. I match you to lenders who fund repair shops ready for what’s coming.
Auto Repair Shop Financing for Every Part of the Shop
Whether you’re financing lifts, floating parts, adding bays, or gearing up to service EVs, there’s a path built for it. Here’s what auto repair shop financing commonly covers.
Shop and Alignment Equipment
Finance lifts, alignment racks, tire changers, road-force balancers, TPMS and wheel-service tools, diagnostic scanners and A/C and brake machines, with the equipment itself as collateral.
Parts Inventory
Working capital to float parts on a job before the customer pays and to keep fast-moving shelf stock on hand.
EV Repair Capability
Finance high-voltage diagnostic and battery-service tools, EV-rated lifts and tech certification to service electric cars, SUVs and trucks.
Bay Build-Out
Add bays and lifts to take on more cars at once, build-out and equipment that directly expand your earning capacity.
Shop Real Estate
Own the building your shop operates in with long-term, fixed-rate SBA 504 and commercial real estate financing.
Acquisition and Growth
Buy an existing shop, fund a partner buy-in, or open a second location, often through SBA 7(a).
A Repair Shop Added Two Bays and EV Service Gear After the Bank Passed
A busy independent repair shop was turning cars away for lack of bays, and watching EV owners drive past because it could not service them. The owner needed two more lifts, the build-out for the bays, and the high-voltage tools and EV-rated lift to start taking electric work. The bank wanted hard collateral and balked at the build-out.
They called me. I matched the shop to equipment financing on the lifts and EV tools with the gear as collateral, plus a working-capital line for the build-out and parts. The two new bays filled immediately, the shop started booking EV jobs competitors could not touch, and the financing repaid itself out of the added capacity.
That’s what the right match looks like for a repair shop. Don’t Beg the Bank! Get funded instead.
Auto Repair Shop Financing, the Right Tool for Each Need
Auto repair shop financing isn’t one product. The right structure depends on your equipment, your parts and your bays. I match you to the one that fits, tap any to explore it.
Equipment Financing
Lifts, alignment racks, tire changers and balancers, scan tools, and EV-rated lifts and battery tools, with the gear as collateral.
See SBA 7(a)Working Capital
Float parts before the customer pays and cover payroll between busy and slow weeks.
See working capitalSBA 504 and Real Estate
Own the building your shop operates in with long-term, fixed-rate commercial real estate financing.
See SBA 504Business Line of Credit
Revolving cash for parts inventory and the swings between busy and slow weeks, draw as needed.
See line of creditSBA 504 and Real Estate
Own your shop building with long-term, fixed-rate SBA 504 and commercial real estate financing.
See working capitalLine of Credit
Revolving capital for parts inventory and the busy-to-slow swings, draw only what you need.
See lines of creditQualifying for Auto Repair Shop Financing
Auto repair shop financing has real anchors: the equipment holds resale value as collateral, and a steady book of ticket volume proves the shop turns work into revenue. So a repair shop with equipment to finance, real car-count and decent credit has strong options, even when a bank balks at a build-out or EV tooling. I qualify deals honestly.
✅ What helps you qualify
- ✔An operating repair, tire or alignment shop, or a clear plan and the bays to run it.
- ✔Equipment and steady car-count, the foundation a repair-shop lender wants.
- ✔Equipment to finance and steady car-count a lender can verify.
- ✔A down payment or contribution, which a parent or family member can help with.
💡 Straight talk
- →Equipment, including EV tooling, is financed with the gear as collateral, so approvals are strong.
- →A build-out that adds bays is underwritten on the added capacity it creates.
- →Credit is flexible, there’s no single hard FICO floor; stronger credit means better terms.
- →A past bank rejection does not disqualify you; the deal and your credit matter more.
Get Your Auto Repair Shop Financing Options
A quick, no-pressure pre-qualification. I personally review every submission, no call center, no junior rep.
Got it. I’m on it.
Your auto repair shop financing request landed in my inbox. I personally review every submission and most responses go out within one business hour.
Watch for a call from me, Kevin Kermeen, I call directly, I don’t text.
Recent Auto Repair Shop Financing From My Desk
A snapshot of the auto repair shop financing I match to lenders nationwide, shop by shop. Every shop and bay is different, yours starts with a conversation.
Auto Repair Shop Financing · Bays and EV
A shop financed two lifts and EV service tooling and built out two bays to take on electric work.
Tire and Alignment Bay
A shop financed a tire changer, road-force balancer and a new alignment rack to add a high-margin tire and wheel bay.
Parts Inventory Line
A growing shop opened a working-capital line to float parts on big jobs before the customer paid.
How I Match Auto Repair Shop Financing to the Right Lender
Most banks see a build-out and a pile of specialized equipment and freeze, but the lenders who understand shops read your equipment and your car-count correctly. I work with many, so I match your auto repair shop financing to the lender that funds your real need, shop and alignment equipment, parts-inventory working capital, a bay build-out or EV-repair tooling, and I review the options with you before you commit.
Here’s the reality for an auto repair shop. Four things drive the business and each needs capital. Equipment is the backbone: lifts, alignment racks, tire changers, road-force balancers, TPMS and wheel-service tools, diagnostic scanners and A/C and brake machines are expensive, and the tire, wheel and alignment side in particular is a high-margin profit center built on specialized gear. Parts are a constant drain: you front parts on a job before the customer pays and you carry shelf stock. Bays are capacity: every added bay and lift is literally more cars and more revenue, so a build-out pays for itself. And the future is electric: servicing EV cars, SUVs and trucks demands high-voltage diagnostic and battery-service tools, EV-rated lifts because EVs are heavier, insulated tooling and tech certification, and the shop that gears up now captures a growing market its competitors cannot touch. A traditional bank looks at the build-out and the specialized equipment and passes. The right lenders work differently: equipment, including tire, alignment and EV tooling, is financed with the gear itself as collateral, and working capital, a line of credit or even invoice factoring on fleet and warranty accounts cover parts and the busy-to-slow swings. According to the U.S. Small Business Administration, the 7(a) program is designed precisely for this kind of equipment, build-out and acquisition financing.
The right structure depends on what you’re doing. Shop equipment usually runs through SBA 7(a) loan, and broader options live across the SBA loan programs. Lifts, alignment racks, tire and wheel equipment, scanners and EV tooling are best matched to equipment financing, where the gear is the collateral, and parts inventory and the slow weeks are covered by working capital or a line of credit. If you want to own the building, an SBA 504 loan or commercial real estate loan gives long-term, fixed-rate terms. Buying an existing shop points to SBA 7(a) financing, and the ramp-up months are covered by working capital loans or a business line of credit.
So tell me what your shop needs, lifts, a tire and alignment bay, parts capital, more bays or EV-repair gear, and I’ll tell you honestly which auto repair shop financing fits, match you to a lender who funds shops, and stay with you through closing. Other auto and transportation businesses, see my auto and transportation business loans hub, or compare every option on my loan programs page. Don’t Beg the Bank! Get funded instead.
Sources: U.S. Small Business Administration, 7(a) loan program and 504 loan program.
Straight Answers Before You Apply
What is auto repair shop financing?
Can I finance tire, wheel and alignment equipment?
How do I finance parts inventory and a bay build-out?
Can I finance EV repair equipment to service electric vehicles?
How much auto repair shop financing can I get?
What does it cost to work with you?
A Broker Who Knows Which Lenders Fund Repair Shops
I’m Kevin Kermeen, the nationwide commercial loan broker behind 75BizLoans.com, not a bank and not a lead-selling portal. Auto lending has its own specialist lenders who understand shop equipment, tire and alignment gear, parts inventory and the EV transition, and matching you to the right one, for equipment, working capital, a build-out or EV tooling, is the whole point of working with me. I personally review every application, I call you directly, and I never text. For program details, see the SBA’s 7(a) loan program.
Don’t Beg the Bank!
Get Funded Instead.
Banks hand out umbrellas when the sun is shining, not when you’re weathering the storm … and they’ll balk at a build-out and a shop full of specialized equipment. I match you to auto repair shop financing built for the shop … finance the lifts, the tire and alignment gear and the EV tooling, float the parts, add the bays, and get a same-day callback from a broker who reviews every deal himself.
Loan amounts, terms, rates and funding speed shown reflect typical lender programs, not guarantees, and vary by lender, creditworthiness, shop and equipment performance, collateral and structure. Auto repair shop financing generally ranges from $10,000 to $5 million depending on the equipment and need. *Equipment financing and working capital are commonly financed through SBA 7(a); SBA loans follow standard SBA timelines and eligibility, and “no two years of history needed” refers to acqbuild-out financing underwritten on the added bay capacity rather than the borrower’s prior’s prior business history. Credit is considered along with other factors; there is no single hard minimum FICO simply to apply, but stronger credit supports better rates and terms, and not all applicants are approved. *No upfront fees refers to fees payable to 75BizLoans.com; I am compensated by the lender at closing. Some partner lenders may require a commitment fee or deposit upon your acceptance of their term sheet; any such fee is the lender’s, is disclosed before you commit, and is separate from any compensation to me. Final eligibility, rate, term and structure are determined by the lender. This is not a commitment to lend. Same-day approvals are common when the application reaches me before 9am Arizona Time.