Industry expertise
Auto Repair Shop Financing That Keeps Your Bays Running
From a new alignment rack to parts inventory and payroll between inspection rushes, TrustFi helps auto repair shops get the working capital they need.
- Applying will not impact your credit score
- Funding decisions in as little as 24 hours
- A dedicated funding specialist, not a call center
- Businesses funded
- 10,000+Businesses funded
- In funding secured
- $500M+In funding secured
- Industries served
- 50+Industries served
Why it's different
Funding built around how auto repair shops actually run
Running an auto repair shop means keeping pace with vehicles that change every model year. A four-post alignment rack, a new hydraulic lift, or an OEM-level diagnostic scanner capable of ADAS calibration can each cost more than most shops keep in a cash reserve. Falling behind on equipment means turning away newer vehicles and losing that revenue to a competitor down the street. TrustFi works with auto repair shops to fund the equipment and bay upgrades that keep every lift occupied.
Cash flow in this industry rarely moves at the same speed as the work. You pay for parts and labor the moment a car rolls in, but insurance claims and extended warranty reimbursements can take weeks to clear, and business itself swings hard around state inspection deadlines and the first cold snap when batteries and heaters start failing. TrustFi financing bridges that gap, so a slow shoulder-season month never forces you to delay parts orders or payroll.
What we hear
The cash-flow pressures you know too well
Diagnostic Equipment Ages Out Fast
OEM-level scan tools and ADAS calibration systems change with nearly every model year. A shop running outdated diagnostic equipment has to turn away newer vehicles, losing that labor revenue to a better-equipped competitor.
Lift and Bay Buildout Costs
Adding a hydraulic lift, a four-post alignment rack, or a full extra bay easily runs into tens of thousands of dollars before a single car is serviced, all while existing bays still need to stay staffed and stocked.
Parts and Labor Paid Before You're Paid
You cover parts and technician labor the moment a repair starts, but insurance claim payouts and extended warranty reimbursements routinely take weeks to arrive, tying up cash you need for the next car in the bay.
Seasonal Swings Around Inspections and Weather
Business surges before state inspection deadlines and the first hard freeze of the season, then flattens out in the shoulder months between, making it hard to keep payroll and staffing steady all year.
Where the money goes
What auto repair shops use funding for
- Add a four-post alignment rack or extra lift bay
- Upgrade to OEM-level diagnostic scanners with ADAS calibration
- Stock high-turnover parts like brakes, filters, and fluids
- Cover payroll during slow shoulder-season months
- Finance a tow truck or courtesy vehicle
- Bridge cash flow while insurance reimbursements clear
Our recommendation
Funding options that fit auto repair shops
Based on how businesses in your sector earn and spend, these three structures tend to work best.
- Option 1
Business Term Loans
A fixed lump sum with a set term fits a major purchase like a new lift or alignment rack, so you know the exact payment before you commit to the equipment.
How it works - Option 2
Business Line of Credit
Draw only what you need to restock brakes, filters, and fluids or cover payroll in a slow month, then pay interest only on the amount you actually use.
How it works - Option 3
Collateralized Business Loans
Using shop equipment like lifts or diagnostic tools as collateral can help you access larger amounts for a bay expansion, often at a lower rate than unsecured options.
How it works
Getting started
Three steps, no runaround
- 1
Tell us your story
Share a few details about your business and what you need the capital for. It takes under 10 minutes and never touches your credit score.
- 2
Review your options
A specialist reviews your file and comes back with clear, side-by-side options — real numbers, plain English, no pressure.
- 3
Fund your future
Pick the option that fits. Once you approve, funds can reach your account in as little as 24 hours.
Client stories
We're proud to be part of their journey.
The success of our clients is our greatest reward — 350+ five-star Google reviews and counting.
TrustFi was fantastic to work with on our business capital funding needs. They were professional, efficient and provided the best customer service experience I've had in this industry. We will continue to partner with TrustFi on our funding needs going forward. Highly recommend!
MMaria O. My experience with Griffin Ferro and his team at TrustFi was fantastic. He was able to get me funding in one day. Griffin's communication was awesome. He made sure I knew what was going on every step of the way. He took the time to make sure I completely understood all the aspects of the transaction.
JJohn Highly recommend and a great experience. Gary had our best interest in mind, with professionalism, dedication and care. They really supported our business needs. Great customer service as well!
TTim F.
Can auto repair shop financing cover a new lift or alignment rack?
Yes. Term loans and collateralized business loans are both built for equipment purchases like hydraulic lifts, four-post alignment racks, or OEM-level diagnostic scanners. You get a lump sum to cover the purchase, with a fixed repayment schedule so you know the exact cost before you buy. TrustFi's application takes under 10 minutes to complete.
How fast can my shop get funded?
TrustFi responds to applications within a 2-hour response guarantee during business hours, and qualified auto repair shops can see funding in as little as 24 hours. Actual timing depends on your financial documentation and the product you choose, but the application itself takes under 10 minutes to complete.
Will applying for financing hurt my credit score?
No. Applying for financing through TrustFi does not impact your credit score. You can review your options, including term loans, lines of credit, and collateralized loans, without any effect on your credit profile, so it costs nothing to see what your shop qualifies for before deciding.
What can auto repair shop financing actually be used for?
Most shops use financing for equipment like lifts and diagnostic scanners, parts inventory for brakes and fluids, payroll during slow shoulder-season months, or a bay expansion. A business line of credit is often used for recurring parts costs, while a term loan or collateralized loan usually covers a one-time equipment purchase.
Do I need strong personal credit to qualify?
Qualification depends on your shop's overall financial picture, not just a personal credit score. TrustFi looks at factors like time in business and cash flow alongside credit history. There are no hidden fees in the process, and you can apply and review your options before committing to anything.
How does financing help during slow months?
A business line of credit lets you draw funds only when you need them, such as during the flatter shoulder-season months between inspection rushes, and you pay interest only on what you use. That keeps payroll and parts orders steady without forcing you to hold excess cash in reserve.
Funding for auto repair shops, without the runaround.
Apply in under 10 minutes. A specialist who understands your sector will walk you through the options within two hours.
- Applying will not impact your credit score
- Funding decisions in as little as 24 hours
- A dedicated funding specialist, not a call center
- Transparent terms with no hidden fees