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WELL TUNED FOR AUTO SHOPS

Keeping your business in top gear.

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. It’s a match made in heaven.
Whether you need to boost your tire inventory for winter sales spike, train staff on how to repair electric vehicles, or develop a new ad campaign, Merchant is here to help.

THE BUSINESS CASE

Objective: Skills Training

Keeping up with rapidly advancing technologies in the automotive sector is essential. You need your key staff to be up to date with the servicing of these new systems, or lose out on a new revenue stream. You need $15K to send your head mechanic and two other service staff on a 2 week skills update course in Calgary, and you also want to advertise that you are the only certified repair shop in town for servicing the new technology.

Cash Outlay Price
Merchant Advance Funds $15,000
Loan Cost $4,950
Total Repayment $19,950
3 months profit related to the skills upgrade after all expenses $25,000
Net ROI $20,050

Get Started Today

Complete our online application and we’ll contact you right away and present small business financing options tailored to your business needs, based on the information you’ve provided. You choose what works best for you… there’s never any fees or obligation to continue, plus it takes seconds to get started.
Remember: No hidden fees. Funds in 24 hours. Stellar customer service.
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