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
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






