Finance for garages and forecourts
Workshop equipment, diagnostic kit and forecourt infrastructure — plus the stock funding that dealers need to hold vehicles they have not yet sold.
Request a callback- Commonly funded
- Ramps, diagnostics, forecourt kit
- Typical facilities
- Asset finance, stock funding
- Lender focus
- Card income and stock turn
This page describes what businesses in this sector typically fund and what lenders generally look for. It is not a recommendation, and what is available to you depends on your own circumstances.
About garages & forecourts
Garages sit in a comfortable place for lenders. Income is frequent and largely card-based, equipment holds value, and the work is not easily deferred by customers — a car that fails its MOT has to be fixed. That combination supports both equipment finance and turnover-linked facilities.
Dealers and forecourts have an additional problem: capital tied up in vehicles waiting to sell. Stock funding is built for that, letting you hold a fuller pitch without emptying the bank account, though it needs disciplined stock turn to be worth the cost.
What gets funded
- Two and four post ramps, MOT bays and brake testers.
- Diagnostic equipment, tyre machines, wheel alignment and air conditioning kit.
- Body shop equipment, spray booths and paint mixing systems.
- Forecourt infrastructure, pumps, tanks, canopies and jet wash equipment.
- Stock funding for vehicle inventory on a dealer pitch.
- Recovery vehicles, courtesy cars and workshop vans.
What helps a case along
- Consistent card takings, which support turnover-linked facilities well.
- For dealers, evidence of how quickly stock actually turns over.
- Manufacturer approvals or accreditations, which reassure funders on repeat work.
- Clear separation of workshop income from any vehicle sales activity.
- Environmental compliance on tanks and waste, particularly on forecourts.
Frequently asked
Can I fund equipment for premises I rent?
Yes. Ramps and workshop equipment are generally removable, so funders can take security in them regardless of who owns the building. Fixed installations such as underground tanks are treated differently and need more thought.
How does stock funding for a dealer work?
The funder provides a revolving facility against vehicles held for sale. You draw as you buy stock and repay as each unit sells. It works well where stock turns reasonably quickly and becomes expensive where vehicles sit on the pitch for months.
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Tell us what your business does
We will tell you which funders lend into your industry, and roughly what they are likely to say.
