MERCHANT GROWTH INDUSTRY

Auto Related

Get your business in top gear

Financing for small businesses in the Automotive Industry

More flexible than standard automotive business loans, Merchant Growth’s automotive small business financing options are versatile tools when it comes to making strategic decisions for your business’s growth. Retail businesses in the automotive maintenance, repair, and aftermarket equipment industries are ideal candidates for the program because they accept debit and credit from customers every day. 

Whether you need to boost your tire inventory for the winter sales spike, train staff on how to repair electric vehicles, or develop a new ad campaign, Merchant Growth is here to help.

How can I use the financing?

If you own a dealership or provide services to the automotive industry such as repairs, maintenance, or modifications our Auto Related Financing may be a fit for your small business. Merchant Growth works with a large number of businesses in the industry and understands the unique needs of your business to give you the best financing options possible.

When facing seasonal variations that affect your business, the financing options that Merchant Growth has available can provide beneficial to keeping your business cash flow positive. We have seen customers use our capital to finance a number of different initiatives for their auto related industry business such as:

Minimum Requirements

Minimum eligibility requirements for Merchant Growth small business products

Location

Canada

Monthly Revenue

$10K

Time in Business

6 months

How does it work?

STEP 1

Complete Application

Take 5 minutes to provide a few pieces of information — online or on the phone, it’s your choice.

STEP 2

Review Options

Your dedicated financing advisor will reach out and work with you to determine the best solution.

STEP 3

Get Your Funds

Receive your funds into your business bank account in as fast as 24 hours.

Get started today

Complete our online application and we’ll contact you to present financing options tailored to your business needs.