Auto Repair & Dealerships
Invoice Factoring for Auto Repair & Dealerships
$10K - $5M designed for auto repair & dealerships businesses. Pre-qualify in 60 seconds. Funding in as little as 1 - 3 business days.
No Credit Impact
1 - 3 business days
94% Approval
Auto Repair & Dealerships Funding Challenges
- Modern diagnostic equipment costs tens of thousands
- Parts inventory requires ongoing capital investment
- Shop renovations and bay expansions are expensive
- Insurance and warranty reimbursements are slow
- National chains and dealerships dominate advertising
How Invoice Factoring Helps
Advance up to 90% of invoice value
Approval based on your customers' credit
No long-term contract required
Funds in days
Tailored for auto repair & dealerships businesses
How Auto Repair & Dealerships Businesses Use Invoice Factoring
Diagnostic equipment and lifts
Parts inventory and supplier accounts
Shop expansion and additional service bays
Tow truck and fleet vehicle purchases
Marketing and customer acquisition
“I needed two new lifts and an advanced diagnostic system to service EVs. Slate financed $110K in equipment and I started servicing Teslas within a month. Revenue is up 35%.”
Carlos Mendez
Mendez Auto Works, Houston TX - Funded $110,000
Get Invoice Factoring for Your Auto Repair & Dealerships Business
$10K - $5M. Funding in 1 - 3 business days. Zero credit impact to pre-qualify.
Apply Now - Free