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Auto Repair Business Loans

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In order to keep cars running and drivers on the road, your auto repair shop needs to have equipment and tools that are in good working order. You’ll also need knowledgeable staff with extensive safety training to help keep your day-to-day operations running. To grow your auto repair business or address unexpected expenses, you may need extra funds. An auto shop business loan can help you get the cash you need to stay on budget.

Pay for Employee Training

  • Train new hires across different machines and tools used in your auto repair shop
  • Implement a safety training program to maintain compliance with OSHA standards

Replace Worn Equipment

  • Business loans and equipment leasing allow you to get newer machinery faster
  • Make your shop more efficient with new equipment, tools and machines

Invest in New Technology

  • Purchase inventory and customer management software to make administrative tasks more efficient
  • Upgrade to the computer systems needed for diagnosing modern vehicles

Cover Regular Expenses

  • Auto shop financing gives you the working capital you need to cover monthly rent of your repair bays
  • Use a business loan to pay for tax or payroll expenses

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