Auto Repair
Keep your shop running at full capacity.
Fast funding for auto repair businesses in Florida. Apply in 60 seconds.
Why Auto Repair Businesses Need Funding
The real challenges auto repair owners face
Diagnostic Equipment Costs
Modern diagnostic tools, alignment machines, and lifts cost $20K–$80K each. Staying competitive means staying current with technology.
Parts Inventory Management
Stocking the right parts to serve customers quickly requires significant inventory investment. Ordering after diagnosis adds days and loses customers.
Technician Hiring and Retention
Experienced technicians are in short supply. Hiring, training, and retaining them is expensive — and losing them to a competitor is more expensive.
Shop Upgrades for Certification
Manufacturer certifications, EV service capability, and advanced diagnostics require physical shop upgrades that precede the revenue they enable.
Luma Funding Options for Auto Repair
The right product for the right moment
Equipment Financing
Up to $500K
Finance diagnostic equipment, lifts, alignment machines, and shop tools.
Learn More →Cash Advance
$5K–$500K
Bridge parts inventory purchases or cover payroll during slower months.
Learn More →Line of Credit
$5K–$200K
On-demand capital for parts orders and unexpected repair expenses.
Learn More →I needed a new Hunter alignment machine to compete with the dealerships nearby. Luma financed it with monthly payments that made sense for my shop's volume.
Tony B.
Independent Auto Repair
Jacksonville, FL
$45K equipment financingaverage cost of a modern alignment system
revenue increase with advanced diagnostic capability
average Luma funding time
FAQ
Questions about funding your auto repair business
Yes. Mobile mechanic businesses with consistent monthly revenue qualify. We review bank statements showing service revenue, not a physical location.
Yes. Equipment financing and business loans can be combined to cover a full shop build-out including lifts, bays, equipment, and signage.
Most Luma products require $10K–$15K in monthly revenue. Small independent shops that meet this threshold are welcome to apply.
Yes. Pre-purchasing fast-moving parts or expanding inventory depth is a legitimate business use for a cash advance.
Yes. All automotive service businesses — general repair, transmission, collision, tire, and lube centers — qualify using the same requirements.
Get funded for your auto repair business
Florida's fastest funding for auto repair owners. Apply in 60 seconds.