Automotive Business Loans

Expand or purchase inventory with a business line of credit.

What's your desired credit limit?

What repayment term works for you?
How often do you want to make payments?

Weekly Payment Amount*:

$424.00 Apply Now

We’re currently accepting new customer applications. Applying will not impact your credit score.

Applying will not impact your credit score.1

*This business loan calculator assumes a monthly interest rate of 3.3% and a 2% draw fee. Your interest rate and credit limit may vary based on your application. No draw fee in CO, GA, IN, NJ and OK.

How Business Financing Can Help Your Automotive Services Company

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.

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.


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

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 additional working capital.

Headway Capital Business Line of Credit

Headway Capital offers a flexible 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

Loan Type

Business line of credit

Repayment Term

12, 18 or 24 months

No Hidden Fees

See our Rates & Terms for details

Payment Frequency

Weekly or monthly

Clear Cost

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

Why Choose Headway Capital?

We See the Big Picture

We look beyond your credit score in evaluating your business.

We’re Flexible

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

We’re Sensible

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

We’re Transparent

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

Headway Capital is rated 9.1 out of 10 based on 147 reviews on Trustpilot

1We always do a soft inquiry unless your credit file is restricted, in which case we would ask you to contact the credit bureau to lift the restriction. Doing so may result in a hard pull.