Auto Repair Shop Financing

Drive Growth with Fast, Affordable Financing with Celtic Bank.

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AUTO REPAIR SHOP FINANCING WITH CELTIC BANK

Buy, Build or Expand Your Auto Repair Shop

Looking to grow your auto repair business? Whether you want to buy another garage,  upgrade expensive equipment or hire skilled mechanics, partner with a lender who knows the auto shop business. 

Our experienced team helps owners get the funds they need to solve the challenges that come with running an auto shop. From covering high overhead costs, to filling gaps in cash flow, or staying competitive in a tough market – we’ve helped borrowers fund solutions.  

Partner today with a lender that knows your business.  

Auto Repair Shop Financing Details

With low rates and longer repayment terms, our SBA financing is one of the best ways to expand your shop or garage at a price you can afford.  

And as a Preferred SBA Lender that approves in-house, we’re equipped to handle rushed financing deadlines, freeing up your time to focus on the important things, like fixing more cars—quicker. 

With SBA 7(a) Financing Get:

  • Competitive rates
  • Up to 90% loan-to-value (LTV)
  • Up to $5M in funding
  • Terms up to 25 years
  • No balloon payments
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USES OF AUTO REPAIR SHOP FINANCING

Get What You Need—and When You Need It

Not only do you get lower rates and longer repayment periods with an SBA 7(a) loan, but it also covers many different types of expenses. With an SBA 7(a) loan you can:

Buy an existing auto repair shop  

Build a new garage from the ground-up 

Renovate your existing location  

Refinance expensive business debt 

Upgrade diagnostic equipment 

Stock Inventory 

Hire skilled mechanics 

Apply Now

RECENTLY FINANCED AUTO REPAIR SHOPS

Let Celtic Bank Fund Your Auto Repair Shop

Celtic Bank extends millions of dollars in loans to auto repair shops around the country. We would love your shop to be our next project.
Fund Your Shop Today!

CASESTUDY

Don’t Just Take Our Word for It

Need a Business Loan?

Pre-qualify for a loan in minutes and focus on growing your business.

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