Can my auto shop get funding to help with slow paying fleet payments?
Fleet contracts and commercial accounts are great for steady work, but net-30, net-60, or even net-90 payment terms can strangle your cash flow. You've already paid your techs, bought the parts, and covered overhead. Waiting months to get paid isn't always possible. A quick business loan bridges that gap without losing those valuable commercial relationships.
How auto shops handle commercial payment delays:
- Cover immediate payroll: Your techs worked on those fleet vehicles last week. They need paychecks this week, not when the city finally processes payment.
- Buy parts for upcoming jobs: You can't tell your fleet customer you're waiting for their competitor to pay before you can order parts.
- Maintain operations: Rent, utilities, and insurance don't offer net-60 terms like your commercial clients expect.
QuicLoans understands the commercial auto repair cycle. We look at your total shop revenues. If your shop is depositing $10K+ monthly and has been in business for at least 3 months, you likely qualify.
The irony is real: the bigger the contract, the slower they pay. But losing a $50K annual fleet contract because you can't float their payment terms can cost your business its future. Get approved and funded with QuicLoans in as little as 3 hours and leave the operational stress behind.
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