Working capital is the cash that keeps the bays turning while jobs finish and payments arrive. Here is how a repair shop can size it from the numbers it already has.
Apply Now →In a repair shop, working capital is mostly three things: technician pay, parts you buy before the customer pays, and fixed costs like rent and insurance. None of these is exciting, and all of them are due on a calendar that does not care how many cars are in the lot.
It differs from equipment funding, which is for a one-time purchase. Working capital is for the ordinary running of the shop, including the weeks when something does not go to plan.
Nothing here is a crisis. It is a shop that makes money but pays out ahead of receiving it.
Take four figures: weekly payroll, average parts bills, monthly fixed costs, and the number of days it takes for a typical job to turn into money in the account. Multiply the weekly costs by the weeks in your payment gap, add a cushion for an unplanned repair or a slow month, and you have a working number.
For illustration only: weekly payroll of $9,000, weekly parts of $7,000 and a three-week lag from work done to cash received implies roughly $48,000 floating at any moment. Whether you need all of that depends on how much your own cash covers. These numbers are invented to show the method and are not our terms or typical results.
| Problem | Working capital fits | Better answer |
|---|---|---|
| Payroll ahead of customer payments | Yes | - |
| A one-time lift or scanner purchase | Possible | Equipment financing is more targeted |
| Jobs are losing money | No | Fix pricing and labor hours first |
| Seasonal dip in winter or summer | Yes, if you can repay when busy again | - |
We fund $25,000 to $5,000,000, funded in as little as 24 hours, with a 5-minute application and a soft credit pull. Sole proprietors can apply, so the owner who also turns wrenches is welcome. Apply here when you have your working number.
Choose an amount you could repay from normal weeks, not from the best week of the year. Demand still moves with the calendar, with the heat, and with how many customers are traveling. Plan for the slow weeks as well as the busy ones.
Mainly payroll, parts bought ahead of payment, rent, insurance and utilities: the costs of running the shop day to day.
Add weekly payroll and parts, multiply by your payment gap, then add a cushion for surprises. Compare it with the cash you already have.
A lift is a one-time purchase, which is usually better matched to equipment financing. Working capital is for the ordinary flow of the shop.
Yes, sole proprietors can apply. The application takes about 5 minutes and uses a soft credit pull.
Funded in as little as 24 hours is possible. It is not promised for every file.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
