Automotive Business Loans

Expand or Purchase Inventory with a Business Line of Credit

Select the amount you wish to borrow:

$26,000

Choose your repayment term

12 months
18 months
24 months

How frequently do you want to make payments?

Weekly
Monthly

Weekly payment amount*:

$424.00
Apply Now
See if you qualify in minutes!
*This business loan calculator assumes a monthly interest rate of 3.3%. Your interest rate may vary based on your application information.

Whether you own a dealership or a shop, it can be expensive to run an automotive services company. The costs of purchasing cars and maintaining equipment can really add up, and you aren’t always able to count on steady revenue. With business financing, you can get the funds you need to keep things running smoothly day in and day out.

How Business Financing Can Help Your Automotive Services Company

Purchase Inventory

Purchase Inventory

The cost of cars, parts or equipment can be sizable, and the return might not come immediately. Make sure you have the funds to purchase what you need.

Expansion

Expansion

Financing can give you the capital you need to expand your business or move to a new, larger location.

Working Capital

Working Capital

If you’re offering your customers financing or relying on payments from insurance companies, your revenue might fluctuate. Keep your company strong with business financing.

Headway Capital Business Line of Credit

Headway Capital offers a true line of credit with no hidden fees for automotive services businesses, helping them fulfill any business financing needs. You can borrow the amount you need (up to your credit limit) when you need it, helping you keep your business strong.

Credit Line

Up to
$50,000

Repayment Term

12, 18 or 24 months

Payment Frequency

Weekly or monthly

Loan Type

Loan Type

Business line of credit
No Hidden Fees

No Hidden Fees

See our Rates & Terms for details
Clear Cost

Clear Cost

Clear payment terms, interest does not compound, no penalty for early payoff

Why Choose Headway Capital?

The big picture

The big picture

We look beyond your credit score in evaluating your business.

Flexible

Flexible

Borrow what you need, when you need it, and pay it back according to your own schedule.

Adaptable

Adaptable

Make multiple draws (up to your credit limit) and only pay interest on what you borrow each time.

No surprises

No surprises

Upfront rates and no hidden fees mean you’ll always know what you’ll owe.

Headway Capital is rated 8.2 out of 10 based on 100 reviews on Trustpilot