Phone:
(844) 462-4730
Business Hours
Mon-Fri: 9AM - 6PM
Address
97 Newkirk Street, 3rd Floor
Jersey City, NJ 07306
Phone:
(844) 462-4730
Business Hours
Mon-Fri: 9AM - 6PM
Address
97 Newkirk Street, 3rd Floor
Jersey City, NJ 07306
A great auto business runs on the right parts—like smart funding. Our automotive business loans are the engine that powers growth, covers costs, and keeps your dealership or repair shop firing on all cylinders.
Applying WILL NOT impact your credit.
A great auto business runs on the right parts—like smart funding. Our automotive business loans are the engine that powers growth, covers costs, and keeps your dealership or repair shop firing on all cylinders.
Applying WILL NOT impact your credit to review your options*
Running a dealership or auto repair shop is no small feat—it takes more than just selling cars or fixing engines to succeed. From day-to-day operational costs to unexpected equipment repairs, automotive business loans provide the financial support needed to keep your business running smoothly. Many auto dealerships and repair shops use car dealership financing or auto repair shop loans to manage cash flow, upgrade service equipment, hire skilled staff, expand their inventory, or renovate their facilities. Whether you need auto business financing or specialized vehicle dealership loans, having access to the right capital can drive your growth and keep your business ahead of the curve.
Pros:
Lower interest rates compared to traditional small business loans
Longer repayment terms help manage monthly cash flow
Cons:
Lengthy and detailed application process
Requires strong credit and detailed financial documentation
Slower funding time compared to private lenders
Pros:
Cons:
Equipment serves as collateral and can be repossessed if payments are missed
You may end up paying more over time due to interest and fees
Financing terms might outlast the useful life of the equipment
Pros:
Cons:
Variable interest rates can increase over time
Requires strong financials and possibly collateral for higher limits
Risk of overuse if not managed carefully, leading to cash flow strains
Inventory financing through floor plan financing.
Pros:
Cons:
Revenue based financing through a merchant cash advance.
Pros:
Quick access to capital with minimal paperwork
Repayment is based on a percentage of daily credit card sales, easing pressure during slower months
Ideal for urgent expenses like equipment repairs or unexpected costs
Cons:
Higher cost of capital compared to traditional loans
Daily or weekly repayment can strain cash flow if not managed carefully
Not ideal for shops with low or inconsistent credit card sales volume
Pros | Cons |
---|---|
Wide range of financing options for dealerships and repair shops | Some loans may require personal guarantees |
Helps manage seasonal cash flow and inventory cycles | Higher interest rates on unsecured or alternative loans |
Access to equipment-specific financing for service upgrades | Debt service coverage ratio (DSCR) requirements for approval |
SBA 7(a) loans available | Longer approval times for certain loans |
Possibility of building business credit | Solid business plan and documentation often needed for best terms |
Fill out a short, secure application with basic info about your restaurant, funding needs, and contact details—no paperwork or in-person meetings required.
We’ll review your application and match you with the best restaurant loan programs, including SBA loans, equipment financing, merchant cash advances, and more.
Once approved, receive funds directly into your business account—sometimes in as little as 24 hours. Use it to cover equipment, payroll, renovations, or anything your restaurant needs to grow.
Stephanie Whitworth2025-07-03Trustindex verifies that the original source of the review is Google. AMP helped me secure a business line of credit that was a game-changer for my seasonal tourism business. During the slow months, it gave me the cash flow I needed to cover payroll and prep for peak season—smooth, fast, and exactly what I needed to stay afloat. Brian Dale2025-07-02Trustindex verifies that the original source of the review is Google. John at AMP got creative and made it happen. He stacked multiple funding options to get me the capital I needed fast. Smart, responsive, and results-driven. Highly recommend! George Lopez2025-06-03Trustindex verifies that the original source of the review is Google. John and his team(AMP Advance) are very professional and knowledgeable. Im a restuarant owner in California, having access to quick capital is crucial to us restaurant owners That's what Amp Advance has been able to do for us. Quick turn around, competive pricing, not to mention their customer service is second to none. I would highly recommend giving John and his team an opportunity to earn your business. Thanks Amp Adavnce, Jak Dawson2025-05-22Trustindex verifies that the original source of the review is Google. Amp Advance did great with their customer service, understanding my business, and quick loan services. Thanks a lot for the help with my Florida Business Loan. Francisco Montero Naranjo2025-04-22Trustindex verifies that the original source of the review is Google. Glad I called AMP, they came in clutch for business funding for my Irvine, CA business when my biggest client had payment issue to help me cover my payroll with a business line of credit. Gloria Ortiz2025-04-09Trustindex verifies that the original source of the review is Google. You've guys helped me hit my funding goals so I can grow my business from start up to where I am today! Your team took the time and helped me a lot. Thanks! Christiaan2025-04-08Trustindex verifies that the original source of the review is Google. I used AMP to secure equipment financing for network servers and storage networks. The process was smooth, and they helped me get exactly what I needed, without tying up my cash flow. Jocelyn Farrar2025-04-06Trustindex verifies that the original source of the review is Google. Carlos got me funded for a business line of credit where my bank declined me! He’s my guy when I need business funding I would highly recommend Travis Messman2025-04-01Trustindex verifies that the original source of the review is Google. Matt and the team at AMP helped me consolidate my business debt into a single loan with an affordable payment, saving me 40% on cash flow. Nicole Olar2025-03-18Trustindex verifies that the original source of the review is Google. John and the team at AMP were absolute lifesavers! They listened to my needs and made the process of securing a business line of credit easy and educational!Google rating score: 5.0 of 5, based on 46 reviews
To qualify for an automotive business loan we require at minimum:
Yes, but it’s tougher. Startup auto repair shops and dealerships can qualify for specialized programs like SBA startup loans or equipment financing. A strong business plan, industry experience, and upfront investment can help improve approval odds.
Yes. Auto business financing for dealerships and repair shops with bad credit are often offered through unsecured loans or merchant cash advances. Expect higher interest rates, but strong business cash flow can help offset credit challenges.
Auto business financing can be used to purchase inventory, upgrade equipment, renovate locations, hire employees, boost marketing, or manage seasonal cash flow for dealerships and repair shops.
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Address
97 Newkirk Street, 3rd Floor
Jersey City, NJ 07306