Automotive / body shops and repair centres
Financing for body shops and repair centres.
- Funding range
- $15,000–$50 million CAD*
- across our funding options.
- Timing
- For eligible revenue-based financing, funds could arrive in as soon as 24 hours after approval and required documents.+
Complete your full application so your personal funding specialist can start reviewing your business and working with funding partners on potential offers.
* Range depends on product, eligibility, business and funder assessment.
+ For eligible revenue-based financing applications, after approval and completion of required documents. Subject to funder and banking timelines, cut-off times and business days. Funding within 24 hours is not guaranteed. Asset and crypto products have separate timelines.
Common uses
What business owners often finance
- 01
Diagnostics and hoists
Add scan tools, alignment systems or another hoist to move more vehicles through.
- 02
Body-shop equipment
Invest in frame machines, spray booths, welders and finishing equipment.
- 03
Parts inventory
Stock the parts you use most so jobs aren’t held up waiting on orders.
- 04
Repairs, payroll and expansion
Cover facility repairs, keep technicians paid, or open additional bays.
Requirements
What you’ll need.
The same requirements apply to every industry. Funding partners assess each application individually.
Revenue-based financing — what you need
- Location
- Operating in any Canadian province (not the territories)
- Trading history
- Minimum 3 months
- Revenue
- Average $15,000 monthly, or $180,000 annually
- Documents
- Most recent 3 months of business bank statements
A soft credit check is used for the initial assessment. Asset-backed financing and crypto-backed loans have separate criteria.
How it works
Four steps, one person beside you.
- 01
Complete your full application
Tell us about your business. It takes a few minutes and gives your personal funding specialist what they need to begin.
- 02
Your personal funding specialist reviews and contacts you
They review your business, ask any questions and work with funding partners on potential offers.
- 03
Understand any offer before you accept
If an offer is available, you’ll see the amount, total cost, fees and payment obligations clearly — before you decide anything.
- 04
Funds transferred
After approval and completion of required documents, funds are transferred to your business account.
Submitting an application does not guarantee an offer.
Questions
Automotive financing FAQ
Member of the Canadian Lenders Association — SMB Roundtable.
Encrypted connection (HTTPS)Information sent through our website is encrypted in transit. We handle application information as described in our Privacy Policy, including sharing with funding partners and service providers where needed for assessment.
Industries
Other industries we support
Funding at Founder Speed.
theBNK. We start where the extra mile ends.
Have a question? Send a Short Enquiry