Financing for Auto Repair & Service

The Right Choice for your Bottom Line

Since 2001, ARF Financial has helped thousands of auto repair and service shop owners obtain approvals on more than a billion dollars. We’ve done this by offering innovative loan products and flexible repayment options specifically for the needs of those in the auto repair and service industry.

Recently, due to supply chain issues and rampant inflation, many consumers are deciding to keep their vehicles longer to save money. This presents tremendous growth potential for auto repair shops and service centers, but it costs money to take advantage of these timely opportunities. Having enough mechanics, the right equipment and diagnostic tools is important, and costly, to meet the higher demand. That’s where we come in. Our loan products allow auto repair and service business owners quick access to the funding needed to serve their markets and maximize profits.

At ARF, our focus is to get you the capital you need when you need it, all while providing seasoned guidance to help you maximize your return on investment. That’s why we’re devoted to sticking by your side for the long haul, ensuring you can capitalize on new business opportunities or emerging trends as they develop. Here are some valuable options to put our auto repair and service financing to work in your business:

Purchase new equipment or repair existing
Invest in new technology to add more services
Expand to add another service bay
Hire and train new mechanics
Start a new advertising and marketing campaign
Purchase parts inventory in bulk for better pricing
When choosing the right business lender, it’s important to compare loan size and repayment terms because…

Size Matters!

Larger Loan Amounts, Longer Terms & Big Rewards

Big projects usually mean big upfront investments, something you can’t get from a merchant cash advance. If you’re ready to take the plunge and go BIG this year, we have financing that’s the perfect fit. You can now borrow up to $1,000,000 with terms up to 36 months to fund your big projects while keeping your costs low. Our average loan size is over six times larger and repayment terms are more than three times longer than a Merchant Cash Advance. Larger loan amounts mean you can invest in growth opportunities that will make a significant impact to your bottom line, and longer terms mean your payments are manageable and won’t interfere with your cash flow! Check out the comparison below:

*Completing an application only takes 10 minutes and won’t affect your credit.

Client Rewards up to $10,000!

For a limited time, we’re going big and rewarding our clients with up to $10,000 cash back. The more you borrow the bigger the reward. For every $100,000 you borrow, we have a $1,000 Amex Gift Card just for you!*

*Receipt of the Amex Gift Card(s) promotion is conditional based upon the following: Merchant’s approval under ARF Financial’s standard underwriting models and policies, merchant’s acceptance of an approved loan amount, rate and term; and merchant borrowing a minimum of $100,000 within 30 days of completed application to receive a $1,000 gift card, plus another $1,000 gift card for every additional $100,000 borrowed up to a maximum of $10,000 in gift cards. This offer is not guaranteed unless application is made by merchant, and merchant borrows in accordance with the guidelines provided herein. Merchants with active loans are excluded. Former merchants must be paid off 120 days or more to qualify. One promotion per guarantor only. ARF Financial reserves the right to terminate the offer at any time.

The Difference is Insight

Maximize Your Return On Investment

Whether it’s to update existing technology or to expand your services, every auto repair and service company needs an influx of working capital from time to time. And with an ARF Financial unsecured working capital loan, we make sure you are rewarded for your hard work, and you keep more of what you earn. Our team of personal financial consultants is very knowledgeable about the auto repair and service industry and will customize your loan to meet your business’ specific needs, allowing you to maximize your business’ financial return!

Capitalize On New Opportunities

As an auto repair and service business owner, one of the biggest opportunities you may pursue is the opening of an additional location, which will allow you to expand your footprint and multiply your revenue. With flexible loan options, ARF Financial can give you the best shot at capitalizing on this potential. Our loans range from $5,000 to $1 million in funding. We make applying online easy thanks to our low documentation process, and no collateral is needed. And unlike traditional bank loans, you don’t need perfect credit to get approved!

Minimum Qualifications

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Industry Type

We lend to more than just restaurants. Over the years we’ve expanded our approved industry types. Click here to see the full list.

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Credit Score

We can work with merchants that have less than perfect credit. An applicant must have a minimum Equifax credit score of 551 or higher.

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Time in Business

Applicant must own the business. The business must be open and operating under the same ownership for at least one month (30 days).

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Annual Sales

Your business must generate a minimum of $17,000 per month in gross sales ($200,000 annually) from both credit card and cash.

How to Apply for Auto Repair and Service Financing?

If you own an auto body shop or a car service center and are looking for working capital with the lowest payments possible, simply complete our online application today. There are 4 prequalification questions, 5 easy steps, and there is no hard credit pull so your credit will not be affected. Click here to get started. We also employ seasoned loan consultants who live and work in your area, who are knowledgeable about your specific market and will work side-by-side with you throughout the process.

Our Unique Loan Products

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Bankroll – Revolving Line of Credit

Your business is always evolving. Wouldn’t it be great to have a loan product flexible enough to evolve with it? Now you do! Our new Revolving Line of Credit – BANKROLL, provides the MAX loan approval, a fixed loan term up to 36 months, and a fixed weekly payment – plus the flexibility to pay down or draw funds on an unlimited basis!

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Interest-Only Flex Pay Loan

We believe growing your business shouldn’t mean sacrificing your cash flow, and with ARF’s Interest-Only Flex Pay Loan it doesn’t. It allows you to quickly access from $50,000 to $750,000 without collateral and low, interest-only payments for up to 1 year. And, it also carries an optional Line of Credit with unlimited draws for up to a year!

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Unsecured Lines of Credit

With an unsecured Line of Credit from ARF Financial, when opportunity knocks, business conditions change or unexpected expenses arise, you will be ready. It gives you 24-hour access to 5 separate loan drafts over a 6-month period. You can draw additional funds as needed and only pay for what you use!

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Flex Pay Loans

Many merchants simply don’t dream big because they believe they can’t afford to borrow the funds needed to make those dreams real. Our Flex Pay loan solves that problem! Flex Pay allows your clients to defer up to 50% of their loan principal into the future, resulting in the lowest payments now!

Business Loan Calculator

Use our business loan calculator to determine the potential loan amount you may qualify for. Move the sliders below to indicate your business’s annual sales, time in business, your credit score, whether you own a home, and if you’ve declared bankruptcy, and the calculator will serve up your potential loan amount based on 12, 18, 24 and 36-month terms!

Calculate Your Loan Amount

Use the sliders below to indicate your annual sales, time in business and credit score.

Annual Sales
Time in Business
FICO Score
Please select an option
Please select an option
Term Loan Amount
12 month
18 month
24 month
36 month
Loan amounts may be increased with the review of tax returns and financials. Time in business – must be operating under the same ownership and concept. Homeownership – home must be in your name. Bankruptcy – includes personal and business bankruptcy.

Request a Custom Proposal

Enter your information below to receive a custom proposal from your local loan consultant containing loan amount, rate and term.

Terms and Conditions

ARF Financial LLC is an exclusive third party originator of commercial loans for state charted community banks throughout the United States (“Partner Banks”), (collectively herein referred to as “Lender”). This Preliminary Loan Amount is based upon pre-underwriting standards consistent with Lender’s guidelines. This Preliminary Loan Amount is based upon the information provided by the Merchant in the Loan Calculator. This approval is contingent upon the accuracy and truthfulness of the information provided by the Merchant therein and on any additional information discovered by Lender during the Underwriting process including but not limited to the review of all financial information provided by the Merchant, the personal credit of any guarantor and/or any information available from the public domain relating to the business’ or the guarantor’s outstanding liens and judgments, collection issues, history of fraud, bankruptcy, or criminal activity; the status of the Merchant’s business entity with the State where they are located; or any other information that may reflect on the business or guarantor’s ability to repay this loan. The terms of this Preliminary Loan Amount may change based upon the review of all information noted above. The terms of this Preliminary Loan Amount (noted above or if modified during the Underwriting process) are not deemed approved until the Merchant agrees to and executes all necessary Loan documents and the Loan documents are countersigned and approved by an Officer of Lender. If Merchant executed no Universal Merchant Credit Application then this Preliminary Loan Amount is for discussion purposes only.

Quick & Easy Online Application

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Use our online application to get approved in 24 to 48 hours! There are 5 easy steps, It only takes 10 minutes and won’t affect your credit.

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