Automotive Equipment Financing
Up-to-date and fully-functional automotive equipment are integral to the success of any auto service shop. When a major piece of equipment, such as a lift requires repair or replacement, few business owners wish to liquidate their working capital, or business credit lines yet cannot continue to lose business.
With automotive equipment financing solutions, business owners are able to get what they need, in a fraction of the time required by traditional lenders.
Those who work in auto repair, autobody services, transmission repair, automotive painting, or commercial car wash businesses know that a lack of proper tools can make every job more difficult to handle. You might not be able to address your client’s vehicular service issues efficiently, which can cause them to search for an alternative to your service.
Why Finance Your Auto Equipment Purchases?
Purchasing new equipment for a repair shop can also be cost-prohibitive. Another factor is that many lenders will specify the vendor and equipment that must be purchased. This may not be what the potential borrower has in mind.
This is where obtaining automotive equipment financing by consulting with National can help.
As a leading alternative business financing company, our experienced Business Consultants can assist business owners to receive the right financing their business requires to continue to grow.
Top 20 Automotive Equipment Financing Options
| · Hydraulic lifts | · Welding equipment |
| · Service bays | · Hydraulic pumps |
| · Oil delivery systems | · Auto paint booths |
| · Air compressors | · Sandblasters |
| · Alignment systems | · Paint guns |
| · Tire mounting and balancing systems | · Intake and exhaust filters |
| · Brake lathes | · Conveyor belts |
| · Hi-Lo’s | · Soap dispensers |
| · Transmission repair tools | · Rinse systems |
| · Emissions testing equipment | · Dryers |
Alternative Business Financing Offers Working Capital Solutions
The timeline for receiving financing through a traditional lender such as a bank is lengthy. The process can take several months. Most automotive business owners cannot be idle for that long.
Also, it may prove difficult to obtain funding with a low FICO or an open tax lien. This is where seeking alternative business financing by consulting with a reputable company such as National Business Capital can make the difference.
Our team of expert advisors is interested in establishing long-term business relationships with our clients.
We learn about their enterprises, their business goals, and work hard to help them to receive the financing they require.
This way, when their businesses need additional working capital, our expertise and guidance will assist them to again receive the right financing quickly.
Easily Qualify for Automotive Equipment Financing
National is proud of our over 90% financing approval rate. Financing decisions are made in 24 hours or less. Once you’re approved, the money is deposited in the borrower’s account within days.
The funds are theirs to use at their discretion. They may lease or purchase equipment from the vendor of their choice as well. For those in the competitive automotive trades, there is no time for downtime.
We invite automotive business owners who have questions about Equipment Financing or who want to explore alternative business financing solutions to contact us at (877) 482-3008.
Or, apply now by filling out our simple 1-minute application online, and receive funds in as little as one business day.
Ready to See Your Options?
Go from application to approval in hours, not months, with a streamlined process that merges high-tech with human-touch for high-efficiency financing.