Can my auto shop get a business loan to add more bays?
You're turning away cars because all your bays are full. The empty space next door just became available. Your landlord will let you expand, but traditional banks want two years of tax returns and six months to decide. By then, your competitor grabbed the space and your overflow customers. A quick business loan with an easy process lets you move at your own speed.
How auto shops use expansion funding:
- Add service bays: Each additional bay can generate $10K-20K monthly.
- Specialized equipment: Add alignment services, heavy-duty truck bays, or state of the art equipment to capture new customer segments.
- Second locations: Replicate your successful model in another neighborhood while your reputation is strong.
QuicLoans understands growth opportunities don't wait. If your shop has been consistently depositing $10K+ monthly and you've been operating for at least 3 months, you likely qualify for expansion funding.
The best time to expand isn't when you're desperate. It's when you're busy. It's when you don't have time to expand. Strong shops use quick funding to capture growth opportunities without getting entangled in a time consuming and uncertain process. With QuicLoans, get approved in hours, and funded within a day. Start generating new revenue next week instead of next year.
Looking for more auto funding information? Explore all auto business loans →