Supercharge Your Business with Auto Repair Shop Loans

Using Auto Repair Shop Loans to Get Your Business Moving

Auto repair shop financing help mechanics and auto body shops maintain the steady cash flow that’s so crucial to success. Without auto repair shop loans, it’s difficult to compete in an industry where tight budget constraints are the norm and customers are always hunting for the best deal for vehicle repair work.

QuickBridge helps vehicle repair shops meet those needs by providing small business loans exactly when they are needed. With an easy application process and straightforward loan terms, our auto repair shop loans let you shift your business into high gear.

Auto Repair Shop Loans are Critical for the Repair Industry

The general automotive repair industry is forecasted to exceed 51 billion in revenue by 2020 in the United States. Nevertheless, auto mechanics and body shops often face the same financial challenges as any other small business, but they also contend with some that are unique to the auto repair shop industry:

• Purchasing specialized diagnostic equipment and tools can be a costly investment.
• Local mechanic shortages drive up hiring costs while current employees are overworked.
• Inventory from auto parts wholesalers can be delayed, eating up cash and valuable time.

But being a small-business owner in any trade requires keeping a level head as any number of financial emergencies and headaches pop up, including:

• Unexpected business tax bills from the IRS.
• Running short on cash just before payday.
• Chasing late invoices and inventory delays.
• Attracting new customers in a crowded market.

Using auto repair shop loans can help mechanics regain their footing from an unexpected cash shortage. Even better, it can serve as the spark that finally gets your vehicle repair or auto body shop business in motion to chase the most lucrative opportunities.