Body Shop Equipment Financing
Simple application. Simple process.
Body shop equipment financing will not damage your finances.
Balboa Capital offers body shop equipment financing to small businesses like yours. No big down payment is needed, and the monthly payments are predictable and designed to fit your budget. Meanwhile, your equipment will be generating revenue and reducing your business expenses.
Thanks to body shops like yours, the damage resulting from minor fender benders and major collisions can be repaired to the point where vehicles look and drive like new. Repairing the interiors and exteriors of damaged cars, trucks, vans, and trailers requires a combination of talent and highly specialized equipment, which can be costly. Because of this, buying it outright might put a huge dent in your bank account. Instead, take the route that can help preserve your existing capital: equipment financing.
- Application-only for hard collateral up to $500,000
- Application-only for soft collateral up to $350,000
- If approved, same-day funding is available
- Easy online application
- One-hour approval decisions during regular business hours
- Flexible terms available
- Competitive rates
Equipment financing in 3 easy steps.
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Submit a simple online application.
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Get a prompt decision during our normal business hours.
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If your application is approved, funds will be provided fast.
What we look for.
Minimum of one year in business
$100,000+ in annual revenue
FICO® score of 620 or more
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.
Financing for auto body grinders, dent removal tools, and more.
The United States body shop industry has shown solid revenues for many years. There are body repair shops all over the country. All of this presents you with an opportunity to gain market share and drive profits, providing you have the equipment needed to straighten crumpled bodies, remove dents, and transform interiors.
The latest equipment can help you and your body shop workers perform your jobs more efficiently and produce outstanding results. In addition, this can help you establish relationships with auto insurance companies and car dealers that recommend customers to repair facilities like yours. Becoming one of their preferred auto body repair shops is a great way to increase your revenues. To get started, submit a simple equipment financing application.
Reasons to choose Balboa Capital.
Bank-owned business lender
Over $8 billion funded nationwide
Simple, quick process
Resources for auto body shop business owners.
Tips for auto repair shop success
Real-world strategies that can help set your business apart.
Auto repair industry infographic
Check under the hood to learn more about your industry.
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