Auto repair business funding

According to Statista, “The number of vehicles in operation in the United States has mostly risen and the most recent estimates suggest that the average age of vehicles on U.S. roads is increasing every year”. This means mechanics are seeing a variety of cars and SUVs with advanced technology, complex engines, and an array of sensor-driven safety features. To repair, they require new equipment, new tools, more savvy shop technicians — and a lot more money.  

Ready to move your business forward?


Funding with speed, precision, and expert handling.

Getting a short-term business loan from a traditional lender can be challenging. That’s why Good Funding offers a simple, stream lined application process. There’s no hard pull on your credit report. Our Funding Specialists will evaluate your unique needs and recommend personalized loan options up to $500,000. And once approved, you can receive business funding in as few as 24 hours  

How auto repair businesses can apply new funding

Purchase new
equipment

Replacing aging core equipment in your garage is a smart investment. With fresh working capital, you can replace or add a new lift, air compressor, engine hoist, brake lathe, battery charger, “workbench” “and more” without tying up your existing capital.

Purchase advanced
technology

The complexity of today’s cars not only requires high-tech equipment, but high-tech management. Shops can increase efficiency and profitability by having an automated shop management system for repair workflow management. The system automates tasks such as scheduling, invoicing, payment processing, “inventory turnover” “and record-keeping”.

Train and prepare
EV techs

 Training is an essential investment for your business. More electric vehicles are on the road today than ever before. Is your shop prepared for this surging trend? Fresh funding will help retrain your current team members or hire new employees with electric vehicle technical skills.

How To Apply

1

Apply

Our simple one-page application takes just minutes to complete.

2

Engage

Our Funding Specialist will reach out to discuss your unique business needs.

3

Fund

Once approved, you can be funded in as few as 24 hours.

How It Works

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1

A custom working
capital solution

We work with you to understand your current business challenges and determine a funding amount that is tailored to your unique situation and timing. It's a completely custom solution to your business's cash flow needs.

2

A streamlined
process

Good Funding has developed a superior funding platform that allows us to pinpoint the best solution for your business and turn around funding to your account in as little as a day.

3

A relationship built
to last

Our customers return again and again because they trust Good Funding to support their business. We are in it for the long haul because your success is our success.

Why Good Funding?

We offer one powerful product that helps trucking businesses drive forward. We know the unique challenges you face today, whether it be driver shortages, fuel costs, or increased demand. We are sensitive to your needs and completely vested in your success. When you require secure, fast, and flexible funding, Good Funding is the good choice - the right choice.

Expertise

Caring Advisors

History Of Trust

Personal Experience

Fast And Easy Application

Lasting Relationships

Frequently
Asked
Questions

What determines how much business funding I can get?

Good Funding focuses heavily on recent revenue to determine funding qualification. We also consider credit history, time in business, and several other factors to determine the right amount of funding for your needs.

Does my business qualify for funding?

If you have at least three months’ time in business and can provide business bank statements, you may qualify for funding. To find out if you qualify, you must apply. It costs nothing. There is no hard credit pull and no obligation to move forward.

How can I use the business funding?

Your funding can be used for any business need: from payroll to hiring to equipment purchases and more. This flexible financing is ideal to help you manage cash flow and move your business forward.

How long does it take for me to get the business funding?

Once you apply and provide all necessary information, we can provide a same-day decision. If approved, you could have funds deposited into your account as soon as the next day.

If I have poor credit history, can I still get funded?

We consider several factors to determine if our product is a good fit for your business. While credit score is part of the decision, less-than-perfect credit is not an immediate barrier to entry. The only way to know for sure is to apply. There’s no hard credit pull and no obligation.

“Working with the Good Funding team has been a breeze! We believe their constant, clear communication and transparency has been a key component to the success of the company.”

Jillian C.

“Fast and easy from A to Z! Professional and efficient throughout the funding process. Will definitely use again!”

Will T.

“Good funding saved my business multiple times! When I needed funds to hire and expand they were right there! I appreciate them so much and I’m looking forward to working with them again!”

Dela A.

“I have had an excellent experience with Good Funding. They listen to my needs, provide options, as well as solutions to those needs. If questions arise, [they have] always been quick to provide the answers. It's a wonderful company to work with!”

Eric M.

“I needed this capital to help me grow my business and take some of the stress off the day to day finances … I feel really good about having a long-term relationship with the Good Funding team.”

Sandra K.