Auto Repair and Dealerships Invoice Factoring

Running an auto repair shop or dealership means a lot of money tied up in invoices, fleet accounts, and warranty work. While you wait to get paid, payroll, parts, auction fees, and reconditioning costs do not stop. Auto repair invoice factoring turns those unpaid bills into working capital so you can keep bays full, vehicles moving, and customers happy. Whether you need invoice factoring for auto shops or dealership invoice factoring, we help you unlock the cash sitting in your receivables.

Why Auto Businesses Turn to Invoice Factoring

Our invoice factoring solutions are built for the way auto businesses really work. Instead of waiting thirty, sixty, or even ninety days for customers, fleets, or warranty companies to pay, you sell those invoices to us and receive cash quickly. That means you can cover rent, buy parts, pay techs, or grab inventory at auction without taking on new debt.

If you run a repair shop, quick funding for auto repair invoices can smooth out slow seasons and help you accept more fleet and commercial work. Dealerships can use factoring to bridge the gap between service invoices and manufacturer reimbursements. You stay focused on fixing cars and selling vehicles while we focus on getting you paid faster.

Minimum Requirements for Auto Repair & Dealership Factoring

To qualify for invoice factoring auto repair or dealership programs, your business should meet these 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 Invoice Factoring Options

Standard Auto Repair Invoice Factoring

Ideal for independent shops and tire centers that bill commercial fleets or house accounts. You submit your approved invoices, and we advance a large portion of the value, usually within twenty-four to forty-eight hours. When your customer pays, we send the remaining balance minus our fee. This keeps your cash flow steady so you can pay techs, order parts, and handle everyday expenses without waiting on checks.

Dealership Invoice Factoring

This option is tailored to dealerships that generate a mix of service, body shop, and warranty invoices. Dealership invoice factoring helps cover reconditioning costs, auction fees, parts purchases, and shop supplies while you wait for manufacturer or insurer payments. You can keep your lanes moving, grow service volume, and avoid tapping floorplan lines just to cover operating costs.

Fleet & Commercial Account Factoring

Many auto shops and small dealers rely on fleet work, municipal contracts, or commercial accounts that pay on extended terms. With this program, you factor only those invoices tied to fleets or business customers. It is a flexible way to get funds for high-ticket jobs without changing how you handle regular retail work. You decide which invoices to factor and when.

Warranty & Insurance Invoice Factoring

Warranty and insurance jobs can be profitable, but the reimbursement process is often slow. This option advances cash against approved warranty and insurance invoices so you are not left waiting weeks or months to be paid. It is a strong fit for collision centers, glass shops, and service departments that rely heavily on claims work and want to stabilize cash flow.

Non-Recourse Invoice Factoring

For qualified auto shops and dealerships, non-recourse factoring provides added protection. If an approved customer fails to pay due to insolvency, we absorb the credit risk on those specific invoices. This structure can offer peace of mind when you are growing quickly or working with a small number of large commercial accounts. It also helps you focus on service quality rather than collections.

Auto Repair & Dealership Factoring Services

We understand how quickly things move in the auto world. Parts deliveries, auction schedules, and customer demands do not wait for slow payers. Our team works with you to structure a factoring facility that matches your average ticket size, customer mix, and seasonal patterns. You get a dedicated contact, clear pricing, and online tools to upload and track invoices in real time.

From small repair shops to multi-location dealerships, we aim to make funding simple. No long bank lines, no confusing jargon, and no surprise fees. Just straightforward access to working capital backed by your receivables.

Who We Serve

Frequently Asked Questions

What is the process for getting invoice factoring for my auto business?

You start by completing a short application and sharing recent bank statements, sample invoices, and customer information. We review your auto repair or dealership file, approve a factoring limit, and set up your account. After that, you send in eligible invoices, we verify them, and advance funds directly to your business bank account, often within one to two business days.

How do repayments work with invoice factoring?

Unlike a traditional loan, you do not make monthly payments. When your customer pays the invoice, the funds go to your factoring account. We deduct the advance and fee, then send any remaining balance to you. This structure keeps repayment tied to your actual cash inflows and makes managing working capital much easier for busy auto shops and dealerships.

Can I qualify if my credit score is low?

Yes. Invoice factoring for auto shops focuses more on the strength of your customers and the quality of your invoices than on perfect personal credit. A lower FICO score does not automatically disqualify you. If you have steady sales and customers who pay reliably, we may still be able to offer quick funding for auto repair invoices or dealership receivables.

What are the eligibility requirements for auto repair and dealership invoice factoring?

You should operate a legitimate auto repair shop, body shop, tire center, or dealership that invoices business or institutional customers. Invoices must be for completed work with clear documentation and reasonable payment terms. We typically look for at least five months in business, $10,000 or more in monthly revenue, and responsible business banking history. Specific limits and pricing depend on your customer base and volume.