Can I finance used equipment?

Often yes. A used lift with a good service record finances fine.

What if my customers pay cash?

Cash-heavy deposits narrow the funder list but don't end it. What matters is that deposits are consistent.

How fast for a broken lift?

Usually days. For one piece of equipment, financing the asset beats an advance on cost almost every time.

Does a fleet contract help?

Considerably. Bring it — contracted recurring revenue is the strongest thing on the file.

Industry

Auto Repair

Your revenue is bays times hours. A dead lift or an unsupported scan tool takes a bay offline, and every day it's down is money that never comes back. Meanwhile parts go out on your account before the customer pays. Both problems are financeable and they need different tools.

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What we fund here

Lift, alignment rack, or tire machine: $15K – $100K
Diagnostic and programming equipment: $10K – $60K
Parts inventory and account balances: $10K – $75K
Adding bays or expanding the shop: $50K – $300K

Ranges are typical, not guaranteed. Your terms depend on your business and the funder.

What usually fits

Equipment Financing

Lifts and racks are hard assets — cheapest money for a bay build.

$10,000 – $2,000,000

Working Capital

For parts and payroll gaps that clear inside a quarter.

$10,000 – $500,000

Merchant Cash Advance

When a bay is down today and speed is worth the premium.

$10,000 – $500,000

What underwriters look at

Card versus cash deposit mix, which affects who will look at the file.
Whether the shop owns or leases the building, and how long the lease runs.
Fleet or dealer contract revenue, which is recurring and underwrites well.
Bay count against revenue — a funder is checking whether capacity matches the numbers.

Questions

Can I finance used equipment?: Often yes. A used lift with a good service record finances fine.
What if my customers pay cash?: Cash-heavy deposits narrow the funder list but don't end it. What matters is that deposits are consistent.
How fast for a broken lift?: Usually days. For one piece of equipment, financing the asset beats an advance on cost almost every time.
Does a fleet contract help?: Considerably. Bring it — contracted recurring revenue is the strongest thing on the file.

Let's see what your numbers support.

Three documents to start: the last four months of business bank statements, a driver's license, and a voided check. That's the whole file to get options back.

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FundMainStreet.com is a financing arranger, not a lender or a bank. We connect business owners with third-party funding partners and are compensated by those partners when a transaction closes; we disclose that compensation to you before you sign. Approval, terms, and funding are determined solely by the funding partner. Merchant cash advances are purchases of future receivables, not loans. All figures shown on this site are illustrative and are not an offer or commitment to fund.