Keep Your Shop In Top Gear With A Merchant Advance Automotive Business Loan.
More flexible than standard automotive business loans, Merchant Advance Capital’s 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.
You’re the one who knows what needs to be done around your shop and we’re here to help you make that happen.
Whether you need to boost your tire inventory for winter sales spike, train staff or develop an ad campaign, Merchant Advance Capital can definitely help out.
Dollars and Sense. 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 at a Tech Training Centre back east, and you also want to advertise that you are the only certified repair shop in town for servicing the new technology.
Cash Outlay | |
Merchant Advance Funds | $15,000 |
Loan Cost: | $4,950 |
Total Repayment: | $19,950 |
Incremental Gross Profit | $25,000 |
Net ROI | $20,050 |