Industry funding
More bays, more cars, more revenue.
The right lift, scanner, or parts stock lets you turn more vehicles per day. We fund the equipment and inventory that raise your shop's capacity.
The funding challenges auto repair shops face.
Auto repair shops are capacity-constrained by equipment and parts — and growth means buying both before the revenue arrives.
Expensive equipment
Lifts, alignment racks, and diagnostic scanners carry steep price tags that limit capacity.
Parts inventory
Stocking common parts speeds turnaround but ties up cash on the shelf.
Bay throughput limits
Each bay can only serve so many cars; more capacity requires investment up front.
Uneven cash flow
Big-ticket repairs and slow weeks make revenue lumpy against steady fixed costs.
Funding solutions for auto repair shops.
Equipment financing adds capacity; a line or advance smooths inventory and cash flow.
Auto Repair by the numbers.
Common ways auto repair shops put capital to work
- Adding lifts or alignment equipment to expand bays
- Stocking high-turn parts for faster turnaround
- Buying diagnostic scanners for newer vehicles
- Covering payroll and rent through a slow stretch
Testimonial
We financed two new lifts and a scanner through Meridian and added a third bay. We're turning more cars a day, and the equipment basically paid for itself in a quarter.
Owner, Westside Auto & Tire
Do you qualify?
Most auto repair shops that meet these baselines can get funded. If you're close, apply anyway — we read the whole business.
- 6+ months in business under current ownership
- $15,000+ in average monthly revenue
- 500+ personal credit score
- A U.S.-based business with an active business bank account
Built for auto repair shops
Raise your shop's ceiling.
Apply in five minutes and get matched with an advisor who understands repair-shop economics.