Auto Rapair and Dealerships Business Line of Credit

Shops and dealerships live in a world of constant motion. Parts need to be ordered, technicians need to be paid, and vehicles have to be ready for customers, whether or not yesterday’s invoices have cleared. An auto repair line of credit gives your business a flexible pool of money you can tap for inventory, labor, and day-to-day costs without stopping the flow of work. From small neighborhood garages to multi-rooftop dealers, the right credit line keeps bays full and customers taken care of.

Auto Rapair and Dealerships Business Line of Credit

This program is designed around the realities of the automotive world. With a dedicated Dealerships Business Line of Credit, you can handle wholesale parts orders, reconditioning, advertising, and small capital improvements without going back to the bank for a new loan every time. Interest is charged only on the money you actually use, helping you manage costs while you grow.

Independent repair shops can use a line of credit for auto repair shop to cover parts, fluids, diagnostic subscriptions, and payroll when cash is temporarily locked up in open work orders or insurance claims. Dealerships can lean on their line for recon work, lot ready costs, and promotions that drive traffic to the showroom and service lane

Minimum Requirements for Auto Repair & Dealership Funding

To qualify for an auto rapair and dealerships business line of credit, most businesses will need to meet the following basic guidelines:

Minimum Revenue	$10,000 / month
Length in Business	5 months or more
Ownership %	Minimum of 51% Ownership
Personal Credit	US FICO 500+

Types of Auto Repair & Dealership Credit Solutions

Working Capital Auto Repair Line of Credit

A revolving facility that covers everyday needs in the shop: parts, supplies, software, utilities, and technician wages. This auto repair line of credit can be drawn, repaid, and reused as jobs move through the schedule.

Auto Line of Credit for Business Operations

Built for owners who want broader support, this option can cover rent, insurance, uniforms, marketing, and other fixed costs. It’s a versatile auto line of credit for business that keeps the whole operation moving.

Dealerships Business Line of Credit for Sales & Service

Designed for franchised and independent dealers, this facility helps pay for reconditioning, detailing, auction fees, and local advertising. A Dealerships Business Line of Credit can also smooth cash flow between floorplan drafts and retail sales.

Equipment & Facility Upgrade Credit Line

New lifts, alignment racks, scan tools, or paint booth improvements are essential but expensive. This credit solution lets you spread those investments out over time while keeping your main line available for daily expenses.

Credit Options for Auto Businesses with Blemished Credit

Even if your personal credit is not perfect, you may still qualify for a smaller line of credit for auto repair shop or dealership facility based on revenue and deposit history. As you use the line responsibly and pay on time, you may be able to increase your limit over time.

Auto Repair & Dealership Credit Services

The automotive industry deals with parts price swings, seasonal demand, and customers who expect fast turnaround. Our credit solutions are built to help shops and dealers handle those pressures without sacrificing service quality. From single-bay garages to large dealer groups, we work to match your line size and structure to the way your business really runs.

The application process is straightforward. You provide a short form plus recent bank statements and financial information so your cash flow and volume can be evaluated. Once approved, your auto rapair and dealerships business line of credit is opened, and you can access funds for parts orders, recon, marketing, or payroll as needed. Clear terms, competitive pricing, and flexible repayment options help you stay in control of cash while keeping cars moving through the shop and off the lot.

Who We Serve

Frequently Asked Questions

What is the process for getting an auto repair and dealership business line of credit?

You begin by completing a brief application with details about your shop or dealership, ownership, and monthly revenue. After that, you share recent bank statements and financials so your performance and cash flow can be reviewed. Once a limit is approved, your auto rapair and dealerships business line of credit is set up and you can start drawing funds for parts, payroll, and other costs.

What are the repayment terms for an auto repair line of credit?

Payments are usually made each month and are based on the amount you have used, not your full credit limit. As you finish repairs or sell vehicles and pay down the balance, that portion of the auto repair line of credit becomes available again for future work.

Can I qualify for an auto line of credit for business if my credit score is not strong?

In many cases, yes. While personal credit is considered, lenders also look at business revenue, time in operation, and deposit history. You might start with a smaller auto line of credit for business and request increases as you show steady performance and on-time payments.

What are the eligibility requirements for a line of credit for auto repair shop or dealership?

Typical requirements include meeting the minimum monthly revenue threshold, being in business for several months or longer, and holding at least 51% ownership in the company. A valid U.S. FICO score and standard business documentation are also needed so the right Dealerships Business Line of Credit or repair-shop facility can be structured for your needs.

Auto Rapair and Dealerships Business Line of Credit