Auto Repair Shop Financing: Lifts, Diagnostic Tools & Shop Expansion in California
Cars keep getting more complex, and so does the equipment to fix them. A shop that can't do ADAS calibration or EV work turns away jobs. The good news: shop equipment holds value well, which makes it easier to finance.
Equipment shops commonly finance
- Two-post and four-post lifts, alignment racks
- Diagnostic scanners and ADAS calibration systems
- EV charging and battery service equipment
- Paint booths and frame machines for body shops
- Tow trucks and service vehicles
Equipment financing covers these as a loan or lease, up to $1M total and terms up to 84 months.
Parts and payroll between jobs
Big jobs mean buying parts up front and paying techs before the customer or insurer pays. A business line of credit smooths that gap. If you do fleet or insurance work with slow-paying invoices, invoice factoring can turn those invoices into cash.
Adding bays or buying your building
For expansion or buying the property you lease, longer-term financing such as an SBA 7(a) or 504 loan usually makes more sense than short-term funding.
What helps your file
- The vendor quote for the equipment
- Recent business bank statements
- Time in business and any industry certifications
- A short note on what new work the equipment brings in
See all options on our auto repair financing page.
Talk through your shop's financing →
Examples in this article are illustrative, not quotes or offers. Every loan, lease, and advance is subject to the capital provider's underwriting and approval. California Business Capital is compensated by the capital provider only when financing funds. We do not charge a separate client fee for arranging financing. Lender origination charges, interest, closing costs, and other third-party expenses may still apply and are separate from our compensation. Review the applicable financing agreements and disclosures for the costs and terms of your transaction.
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