MECHANIC SHOP BUSINESS LOANS
Fast Funding to Keep Every Bay Running
Built For Auto Repair
Financing That Matches How Your Shop Actually Runs
Dash Capital underwrites mechanic shop business loans around your deposit history and cash flow, not a rigid credit score cutoff, so a strong month at the register carries more weight than one slow week. Whether you need to replace a failed lift, stock parts ahead of the summer driving season, or add a bay, our working capital loans are built to move at the speed a shop actually needs.
- No minimum credit score for working capital
- Funding in 24 to 48 hours
- Use funds for lifts, parts, or payroll
- Access to 100 lenders, not one offer
- No upfront fees to apply
- Terms built around seasonal repair demand
Financing Options
Three Ways Shop Owners Fund Growth With Dash Capital
Here’s how our core products map to the most common reasons repair shop owners come to us.
Working Capital
Term Loan
Line of Credit
The Shop Reality
Why Auto Repair Financing Looks Different From Other Small Business Loans
When a lift or scanner fails, the bay sits empty and revenue stops immediately, regardless of how busy the shop is otherwise. Fleet and insurance accounts often pay on net-30 or net-60 terms even while payroll and parts orders run every week. Dash Capital’s working capital loans exist specifically to close that gap.
- Equipment failures can't wait for approval
- Fleet accounts often pay on net-30 or net-60 terms
- Parts inventory ties up cash before jobs are billed
- Card and ticket volume make revenue easy to verify
How We Underwrite
Approved On Cash Flow, Not Just Credit
Dash Capital reviews your last four months of bank statements and deposit history instead, which means a shop with strong, consistent ticket volume can qualify even after a slow month. Read our guide on what credit score you need for a small business loan to see how this compares to a traditional bank application.
- 4 months of bank statements, not tax returns
- Deposit history weighed over credit score
- No hard credit pull for working capital
- Consolidation options if you carry existing advances
Real Shop Owners
Trusted By Auto Repair Shops Across Michigan
A 4.9 out of 5 rating built one funded shop at a time.
Get Shop Funding In 3 Simple Steps
Apply Online
Get Matched
Get Funded
What Sets Us Apart
Financing Built Around A Shop's Real Numbers
No Minimum Credit Score
Same-Day Decisions
$10,000 to $500,000
Built Around Repair Cycles
Minimal Paperwork
What types of business loans does Dash Capital offer auto repair shops?
Dash Capital offers working capital loans for parts, payroll, and day-to-day expenses, fixed-rate term loans for adding bays or a second location, revolving lines of credit for seasonal cash flow gaps, and SBA-backed term loans for shops that qualify for government-supported rates.
Rather than pushing every applicant toward one product, we match your shop’s cash flow pattern and equipment needs to whichever option fits, drawing from a panel of more than 100 lenders instead of a single credit box.
How fast can my shop get approved and funded?
Most working capital applications get a decision the same day they’re submitted, with funds landing in your account within 24 to 48 hours of approval.
SBA loans and larger equipment financing take longer, typically one to three weeks, since they involve more documentation and a formal underwriting review. If a lift just failed or a supplier switched you to prepay terms, working capital is almost always the faster path. See our guide to how long business loan approval takes for a full breakdown by product type.
Do I need a certain credit score to qualify?
There is no minimum credit score requirement for working capital. We underwrite primarily on your business bank deposits and cash flow, which means a shop coming off a slow winter can still qualify if the deposit history supports it.
SBA financing does involve a credit check, since it follows federal guidelines, but our working capital and line of credit products do not require a hard pull. Read what credit score you need for a small business loan for the full picture across loan types.
What can I actually use a mechanic shop loan for?
Shop owners use financing from Dash Capital for lift and diagnostic equipment replacement, parts inventory ahead of a busy season, payroll during slow months, adding a bay, hiring or training technicians, opening a second location, or consolidating existing high-cost merchant advances into one manageable payment.
There is no restriction on use of funds once a working capital loan is approved, so the money goes wherever your shop needs it most that month.
How much can my shop borrow?
Loan amounts typically range from $10,000 for a single equipment purchase up to $500,000 or more for multi-bay operators with strong, consistent deposit volume.
The amount you qualify for is based mainly on your average monthly revenue rather than bay count alone, so a solo mechanic and a multi-bay shop are evaluated on the same cash flow standard. Our guide on how much a small business can borrow walks through how lenders calculate that number.
What documents do I need to apply?
Applying takes about four minutes and requires your last four months of business bank statements, a signed application, and a voided check or bank letter.
SBA financing requires additional paperwork, including tax returns and a completed SBA application package. For a full walkthrough of the process from application to funded account, see our step-by-step guide to getting a working capital loan.
Can I qualify if my shop has a slow season or an existing merchant cash advance?
Yes. Seasonal dips are normal for auto repair, and our underwriting looks at your full deposit history rather than penalizing a single slow month.
If your shop already carries a merchant cash advance or another loan, we specialize in second-position offers and consolidations when there is still enough cash flow to support new financing responsibly.
What's the difference between a term loan, a line of credit, and equipment financing for a shop?
A term loan provides one lump sum with fixed monthly payments, best suited to a defined project like adding a bay. A line of credit is revolving, meaning you draw only what you need during a slow month and repay as revenue returns. Working capital loans sit in between, offering fast, flexible funding for near-term needs like parts or payroll without the longer approval timeline of a term loan. For a single lift or scanner purchase, financing that uses the equipment itself as collateral is often the more efficient structure.
Do you fund new shops or only established ones?
Most of our products require at least one year in business, since lenders want to see a proven deposit history before extending capital. If you purchased an existing shop with its own operating history, or you have strong personal credit, we can explore options even with a shorter track record.
Brand-new shops with no operating history are the hardest to place, though our guide for first-time business loan applicants covers what to prepare while you build that history.
Why choose Dash Capital over a bank or another lender for auto repair financing?
Banks typically require two years of tax returns, strong personal credit, and weeks of underwriting, timelines that do not match a shop needing a bay back online today. Other online lenders and marketplaces often push every applicant toward the same product regardless of fit.
Dash Capital combines fast, cash-flow-based underwriting with access to more than 100 lenders, a dedicated funding advisor, and same-day answers instead of automated form rejections. Our guide to how a business loan works breaks down that comparison in more depth.
Mechanic Shop Loan FAQs
Ready When You Are
Get Your Shop Funded
Fast Decisions
Most applications get an answer the same day.
No Hard Pull
Working capital approvals skip the hard credit check.
Real Advisors
A dedicated advisor guides you from application to funded account.