Auto Repair Shop Loans

Rev up your automotive business with the support of tailored loans from Capital Investors Direct.

We specialize in providing comprehensive financing solutions for auto repair shops, helping you fuel growth, upgrade equipment, and navigate the dynamic challenges of the automotive industry.

Whether you're looking to expand your existing shop or start a new venture, our Auto Repair Shop Loans are designed to drive your success.

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About Auto Repair Shop Loans

Discover the key to accelerating your auto repair shop's potential with our specialized loans.

At Capital Investors Direct, we understand the unique needs of the automotive service sector, and our financing options are crafted to address these specific requirements.

Explore the features and benefits of our Auto Repair Shop Loans and empower your business to reach new heights.

Auto Repair Shop Loan Types

Dive into a range of loan types tailored to suit the diverse needs of auto repair shop owners. Capital Investors Direct offers:

1. Equipment Financing: Upgrade your repair shop with the latest diagnostic tools, lifts, and technology. Our equipment financing options provide the capital you need to invest in state-of-the-art equipment, enhancing efficiency and staying competitive in the automotive industry.

2. Working Capital Loans: Keep your auto repair shop running smoothly with working capital loans. Whether you need funds for inventory, payroll, or day-to-day operations, our working capital solutions provide the financial flexibility to meet your shop's ongoing needs.

3. Expansion Loans: Fuel the growth of your auto repair business with our expansion loans. Whether you're opening a new location or renovating an existing one, our financing options support your expansion plans, allowing you to capture new markets and increase your service capacity.

4. Acquisition Loans: Looking to acquire an existing auto repair shop? Our acquisition loans provide the necessary funds to make strategic purchases, helping you expand your footprint and increase your market share.

Auto Repair Shop Loan Options

Bridge Loans: Providing short-term financial support for immediate needs, frequently utilized to bridge gaps prior to securing long-term financing or liquidating assets.

Stated Income Loans: Loans featuring less stringent income verification, allowing borrowers to declare their income; commonly employed by self-employed individuals.

Hard Money Loans: Asset-backed, short-term loans with elevated interest rates, typically sought for rapid financing when conventional methods are impractical.

SBA Loans: Small Business Administration-backed loans offering advantageous terms to support small businesses, commonly used for diverse business purposes, including land acquisition.

Construction Loans: Allocating funds in phases for construction projects, involving interest-only payments during the construction phase, transitioning to a mortgage upon project completion.

CMBS Loans (Commercial Mortgage-Backed Securities): Aggregating loans sold as securities in the secondary market, serving as a financing source for commercial real estate endeavors.

Auto Dealership Loan Terms

While specific loan terms may vary for each customer, our auto repair center loan terms generally include:

Loan Size:

  • $500,000 and above

Loan Purpose:The loan is intended for property acquisition or refinancing and cannot be utilized for business-only financing.

Loan Term:

  • 3, 5, 10, and 15-year fixed-rate terms

Amortization:

  • 15, 20, 25, and 30-year options

Leverage:

  • 80% Loan-to-Value (LTV) allowance with subordinate debt permitted

DSCR:

  • Minimum Debt Service Coverage Ratio (DSCR) of 1.40

Recourse:Loans typically carry full recourse.

Credit Score Requirement:

  • 660 minimum

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