Industries we fund · Auto Repair Shops
Working capital for auto repair businesses
Shops make money on bays being full - and lose it when a lift is down, a tech leaves, or parts pricing jumps. Ticket sizes are healthy but the calendar is unforgiving.
Clearwater places auto repair files with funding partners that already know the industry: $10K to $2M, sized off your real bank deposits, with no hard credit pull to apply. Searching for auto repair business loans? What we place is revenue-based funding - an advance repaid out of daily deposits - and this page explains exactly how it prices so you can compare honestly.
How funders read a auto repair file
Auto repair files show some of the steadiest daily card deposits in small business, which funders reward. The industry's repeat-customer economics read as durable revenue. What strengthens a file: consistent daily batches, low NSF count, and stable or growing average deposits across the four months. Equipment-purchase stories (a new lift, alignment machine, diagnostic gear) are the cleanest use cases in the book because the capital converts to capacity.
What auto repair businesses use the capital for
- Lift, alignment, or diagnostic equipment
- Parts inventory for faster turnaround
- Adding a bay or a tech
- Bridging insurance-work receivables
What the numbers look like
Most files support roughly half to 1.4 times monthly bank deposits - where a file lands depends on deposit consistency, time in business, and existing positions. As an illustration only: a auto repair business depositing $50,000 a month might see an advance around $45,000, repaid as about $283 per business day until a fixed $59,400 is paid. The total is fixed on day one - it never compounds or grows - and most deals carry prepayment discounts, shown with your offer.
| Advance range | $10,000 - $2,000,000 |
| Monthly revenue floor | $10,000 in business deposits |
| Time in business | 6+ months |
| Credit | Cash flow weighs more - scores from 450 workable |
| To apply | No hard credit pull. 4 months of statements + month to date |
Auto Repair Shops funding questions
What do funders like about repair shops?
Daily card consistency and repeat customers. A shop with steady batches and few negative days is one of the easier files to place.
Can I use funding for equipment instead of an equipment loan?
Yes - many shops do, because it is faster and unsecured. The trade-off is term length; we will show you the numbers side by side so you can decide.
Does insurance work slow my file down?
No. Insurance deposits read as quality revenue. If a large receivable is pending, mention it - pipeline context helps.
See your number, not a sales pitch
Two minutes, no hard credit pull, and the estimate is sized off your real deposits.
Check my options