Automotive Equipment Financing & Leasing
For manufacturers, distributors, and providers of retail solutions within the automotive sector
How Auto Shop Financing Loans Can Work for You
Running an auto shop, whether it's a family-run body shop, a part of a big franchise, or a local car dealership, means you're the go-to for keeping cars running smoothly. And with vehicle tech changing all the time, you've got to keep up with the latest tools and equipment. That's where auto shop financing comes in handy! Equipment leases and machinery loans can help you snag the gear you need to stay ahead of the game and deliver top-notch service.
Application only up to $300K
680+ FICO Score
Terms Up to 72 Months
5+Years Time in Business
No Suits, Liens, Judgements or BK
No Paynet Scoring Required
Attractive Early Payoff Options
Automotive Repair Equipment Financing Details for Your Shop
We provide financing and leasing solutions tailored for auto shops to acquire essential tools and equipment. Our programs are designed to maintain your cash flow stability while granting you access to the latest technological advancements. Lease options are available for both new and pre-owned equipment. While purchasing automotive equipment is often a singular transaction, leasing offers the flexibility to upgrade and expand your equipment as necessary. This ensures that you remain at the forefront of automotive repair technology.
Stay Informed with the Latest Technology
Stay Up-to-Date
Acquire the necessary equipment to conduct diagnostics on new vehicles as technology advances. Ensure you have the machines required to repair evolving vehicle systems efficiently.
Maximize Tax Benefits
You may qualify for substantial tax savings through the Section 179 deduction. This allows you to potentially deduct the cost of your equipment from your taxes while managing lease payments over time.
Optimize Cash Flow
Maintain liquidity to support inventory purchases, rent, and payroll expenses. Preserve working capital to invest in marketing efforts and business growth initiatives.
Seamless Equipment Upgrades
Financing automotive repair equipment enables you to upgrade without the need to purchase new items outright. Equip your workshop with the latest technology to stay competitive in the industry.
Why SLIM Capital?
To operate a successful auto repair shop, numerous machines are essential. However, the necessary equipment extends beyond just the machinery required for repairs. At SLIM Capital, we have experience collaborating with auto repair shops and understand the additional tools necessary for keeping vehicles operational. Our automotive equipment leasing programs are designed to encompass the essential tools and provide maintenance services for your machinery.
Need answers about equipment financing? We've got you covered!
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Equipment financing allows businesses to purchase or lease equipment they need to operate efficiently without the upfront cost. This option helps manage cash flow and preserve working capital.
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From industrial machinery to office furniture, almost any equipment your business needs can be financed. It’s all about supporting your business success!
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Simply choose the equipment you want, and we’ll provide the financing needed to buy it. You’ll then repay over time through manageable monthly payments. It’s as easy as that!
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We evaluate your business’s credit profile and the equipment you wish to finance. Our goal is to make the process straightforward and accessible so you can get back to what you do best.
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Section 179 lets you deduct up to 100% of the cost of equipment you finance for your business. It's a great way to save on taxes and keep more cash available for other expenses. By using Section 179 with equipment financing, you can significantly boost your bottom line. Check out our guide for more on Section 179 and other small business tax deductions.