Automotive Industry Loans
Banks often hesitate to qualify auto repair shops for a traditional loan because of past unpredictability of the industry. At NextGen Business Lending, we provide automotive industry loans because we see the potential for growth in the automotive industry. The average car is now on the road for over 11 years, and with age comes the need for qualified repair shops. We can help your business grow by providing funding for new tools or machinery, training for employees, and expanding new or existing facilities. NextGent offers automotive industry loans, lines of credit, equipment financing, and more.
Automotive industry loans can also be used for repair shops, body shops, parts and service centers, and more. We can even provide capital to aftermarket parts and accessory businesses. NextGen is your one-stop-shop for all your financial needs.
Provide you with the capital you need for renovations or expansion
Cover the cost of inventory, parts, tools or new equipment
Provide necessary cash flow for payroll or daily expenses
Help you fund new marketing campaigns.
Front of House
- Purchase chairs, background music, signage
- Update floors, lighting, decor
- Revise waiting area layout for efficiency
- Go Green with walls, displays
- Expand staffing
Back of House
- Upgrade restroom, waiting areas
- Replace equipment like cash register, site security
- Improve parts areas for improved efficiency
- Purchase small wares
- Upgrade safety conditions
Technology / Equipment
- Modernize Point Of Sale (POS) System
- Integrate inventory system with front of house
- Refresh auto repair shop web site
- Create auto repair shop mobile app
- Use mobile SMS to current customers
Business Operations
- Additional certification of staff
- Repaint, add cable TV service
- Purchase new staff uniforms
- Balance cash flow during down periods
- New/expand advertising
CALL US TODAY: (559) 212-4789
Over 60% of small business loan applications are rejected by banks each year. As entrepreneurs ourselves, we know that traditional banks make it difficult for small businesses to obtain a working capital loan. NextGen Business Lending Group works with a myriad of small businesses with varied credit backgrounds. We proudly serve a multitude of industries offering personalized financing solutions for every size and type of business.
