We know the shop floor.
We understand the difference between a symmetric and an asymmetric lift, why an ADAS (advanced driver assistance systems) calibration setup needs floor space, and how a new paint booth changes your throughput.
Industries we serve
Automotive Equipment Financing
Cars keep getting smarter, and the shops that fix them need more than a good set of wrenches. Today a busy bay may call for a lift rated for heavy trucks, a scan tool that talks to every module on the car, a calibration rig for driver assistance cameras, and insulated tools for hybrid and electric vehicles. That's a lot of capital tied up before the first repair order prints.
MissionFund is a veteran owned commercial finance brokerage that helps auto repair shops, collision and body shops, tire shops, quick lube locations, and fleet maintenance operations finance the equipment they rely on. We don't lend our own money. We compare offers from 60+ lending sources, walk you through the options in clear terms, and help you pick a structure that fits how your shop earns.
Automotive Equipment We Help Finance
From the first lift in a new bay to a full paint department buildout, here's the equipment our automotive clients finance most often.
Vehicle Lifts
Two post, four post, scissor, alignment, and heavy duty column lifts.
Diagnostic Scanners
Scan tools, ADAS calibration, emissions analyzers, and scopes for modern repairs.
EV Service Tools
Shop chargers, battery lift tables, insulated tools, and battery diagnostics.
Tire and Wheel Service
Tire changers, wheel balancers, alignment machines, and tire storage racks.
Collision Repair
Frame machines, measuring systems, spot welders, and plasma cutters for body shops.
Paint Booths and Mixing
Paint booths, prep stations, mixing systems, color matching, and curing lamps.
Air Compressors and Tools
Rotary screw and piston compressors, dryers, air lines, and impact tools.
Fluid Management
Oil dispensing, used oil collection, fluid exchange machines, and hose reels.
Ventilation and Lighting
Exhaust extraction, ventilation, shop HVAC, and LED lighting for safer bays.
Software and Security
Shop management software, access control, cameras, and key management.
How Automotive Equipment Financing Works
We keep the process simple so you can stay focused on the cars in your bays.
Apply in minutes.
Fill out one short application online. We use a soft credit pull only, so checking your options won't affect your credit score.
We compare 60+ lending sources.
Our team matches your shop, your equipment, and your goals with the lenders most likely to fit.
You choose.
We lay out the offers side by side and explain the tradeoffs, from ownership structures to lease options, so you can pick with confidence.
Your equipment gets funded.
Once you sign, the lender pays your vendor directly in most cases, and you can schedule delivery and installation.
Funding ranges from $10K to $5MM+, so the same process works for a single tire changer or a complete shop build.
Why Automotive Owners Choose MissionFund
One application, many lenders.
Instead of calling banks one at a time, you get access to 60+ lending sources through a single application.
Soft pull only.
We never run a hard credit pull, so shopping for financing won't ding your score.
Soft costs can come along.
Depending on the lender, your financing may cover freight, installation, concrete work, electrical upgrades, and training along with the equipment itself.
New or used.
Lenders in our network often finance quality used and refurbished equipment, which matters when a certified used lift or booth fits your budget better.
Veteran owned and transparent.
We explain every option plainly, and applying is free.
Financing Programs That Fit Automotive Businesses
Shops buy equipment for different reasons, so the right structure depends on how long you plan to keep it and how you want to handle ownership.
Program Equipment Finance Agreement (EFA)
You own the equipment from day one and make fixed payments. It's a natural fit for lifts, compressors, and tire machines you'll run for a long time.
Program Equipment Loan
A loan that usually carries the strongest incentives for paying off early, though the details depend on the lender. It works well if a busy season could let you clear the balance ahead of schedule.
Program $1 Buyout Lease
Lease payments, then own it for one dollar at the end. Many shops use it for paint booths and frame machines that hold their value.
Diagnostic tech changes fast, so some owners also look at a Fair Market Value (FMV) Lease, which offers lower payments and the choice to upgrade when the next generation of tools arrives. See every option on our financing programs page.
Startups and Growing Businesses
Opening your first shop? Equipment financing is available from day one, so a new business can still put lifts, air systems, and diagnostic tools in place before the doors open. Lenders will look at your personal credit and experience, and a strong background as a technician or service manager can help your file.
Once you've been in business at least one year, you can also look at working capital for payroll, parts inventory, and marketing, plus a business line of credit you can draw on when a big fleet job needs parts up front. For larger moves like buying your building, acquiring another shop, or a major expansion, SBA loans up to $5MM can make sense.
What You'll Need to Apply
For most requests under $150K, lenders can often approve your shop based on the application alone. For larger projects, recent financial statements or business bank statements can strengthen the deal and support higher amounts.
When it's time to fund, many deals can finalize with just your driver's license and the equipment invoice or quote from your vendor. Our team will tell you exactly what your chosen lender needs, so there are no surprises.
Frequently Asked Questions
Still have a question?
Talk to a real person. We're happy to walk you through your options.
What kinds of automotive businesses do you work with?
Our automotive programs serve independent repair shops, collision and body shops, tire shops, quick lube operations, and fleet maintenance departments. If your business services, repairs, or maintains vehicles, we'd like to hear about your equipment plans.
Can I finance used lifts or a used paint booth?
Often, yes. Many lenders in our network finance used and refurbished shop equipment, especially when it comes from an established vendor with an invoice. Age, condition, and certification can all affect which lenders will take the deal.
Will financing cover installation and concrete work?
Depending on the lender, soft costs like freight, installation, anchoring, slab work, and electrical upgrades can be included. We'll ask about these costs up front so your quote reflects the full project.
I'm opening a new shop. Can I still qualify?
Equipment financing is available from day one for startups. Lenders will weigh your personal credit, your industry experience, and the equipment itself. Working capital products require at least one year in business, so those come later.
Does checking my options hurt my credit?
No. We use a soft credit pull only, which doesn't affect your credit score. We never do a hard pull during our process.
Can I bundle several pieces of equipment into one deal?
Yes, in many cases. A shop buildout with lifts, a compressor, a tire changer, and a balancer can often be combined into a single financing agreement, which keeps your paperwork and payments simple.
Get started
See what your business qualifies for.
Applying is free, takes just a few minutes, and uses a soft credit pull only.
Prefer to talk first? Book a call