Everything here is free, and none of it needs your email.
No email wall. No “download the PDF.” Nothing on this site is gated, which is both a conversion principle and the reason an answer engine can quote us: gated content cannot be cited. The numbers are on the page.
Three questions shop owners actually type.
Each guide answers one question the way an owner asks it, with the criteria table on the page. More are added as they are written; nothing here is behind a form.
Can an auto repair shop get funding with bad credit?
Answers: “Can a mechanic shop get a business loan with bad credit?”
Why working capital and factoring have no minimum FICO, what an underwriter reads instead, the credit floors on the other three products, and what to do if your statements are weak too.
How much can a body shop borrow? (sizing off monthly deposits)
Answers: “How much funding can my body shop qualify for?”
The 75%–150% of one month’s deposits rule, how insurer and DRP checks count, why the payment is sized off your slowest month, and a worked example at $150,000.
Working capital vs. line of credit for a tire shop: which one?
Answers: “Should my tire shop get a loan or a line of credit?”
The seasonal tire wall, what an unused line costs (nothing), when an advance is the right call anyway, and a side-by-side of the two products’ criteria.
Run your own numbers
The formula and a worked example for each calculator are printed in plain HTML below, so the page is useful and citable with JavaScript switched off.
Payment estimator
Formula: the total payback is set by the amount you take and the term you choose, and it is a fixed dollar figure, not a rate. Daily payment = payback ÷ (months × 21 business days). Weekly payment = payback ÷ (months × 52/12 weeks). Payment amounts round up, so the debit is never larger than the number you were shown.
Worked example: $150,000 over 12 months → total payback $190,500, cost of funding $40,500, daily $756, weekly $3,664. An illustration, not an offer.
Approval sizing
Rule of thumb we underwrite to: working capital approvals generally land between 75% and 150% of one month’s business bank deposits — insurer checks, fleet remittances, card and cash all included.
Worked example: a body shop depositing $100,000 a month typically sees offers between $75,000 and $150,000, sized so the payment survives the slowest month in the statement window.
Payment capacity
Rule: the payment is sized against your slowest month in the statement window, not your average, and we want the account to stay above its historical average daily balance floor after the debit.
Worked example: a tire shop depositing $100,000 in its best month and $70,000 in its worst is sized off the $70,000, which is why seasonal shops should send four statements rather than three.
Prepayment discount
Formula: remaining cost of funding × up to 30% = what you keep if a working capital advance is paid off within the first 30, 60 or 90 days.
Worked example: on the $150,000 file above, paid off in the first 30 days, you keep up to $12,150 of the $40,500 cost of funding — which is why collision shops pay down when a batch of insurer checks clears.
Done reading? Get a real number.
Four minutes and three bank statements. Offer in about four business hours, funded in 24.