Auto Repair Equipment Financing
Simple application. Simple process.
Simple application. Simple process.
Balboa Capital offers auto repair equipment financing. This option lets you get equipment for your auto repair business needs without having to deplete your bank account or use up your credit line on a big one-time purchase. Here is how it works. First, if you submit an application that gets approved and you decide to move forward, we will provide you with funding to finance auto repair equipment. Then, you would make predictable monthly payments over a convenient term.
The auto repair industry is extremely competitive. Independent auto repair shops and large auto dealers are vying for a piece of the industry’s immense annual market share. For your auto repair business to succeed today and long into the future, it must be outfitted with the best tools and equipment for the trade. That is where Balboa Capital might be able to help.
These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.
Working on cars and trucks is a very involved process. In addition, not having the right tools and equipment for the job can result in many challenges for your auto repair shop. This can lead to decreased productivity and, even worse, lower revenues and fewer profits. Balboa Capital does not want this to happen to you; we want you to succeed.
Our auto repair equipment financing solutions are designed to keep you and your auto mechanics’ productivity in the fast lane so you can maximize your revenue stream. Lastly, the equipment you finance might qualify for the Section 179 tax deduction. Just consult with your accountant to make sure.
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