Automotive & Mechanics

Business Loans for Automotive & Mechanics from 5.99% p.a.

Finance your workshop equipment, tools, and business growth with loans designed for mechanics, auto electricians, and automotive businesses across Australia.

Comparison rate from 6.45% p.a.* Loans from $5K to $500K.

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Automotive & Mechanics Loans at a Glance
  • Rates from 5.99% p.a. (comparison rate 6.45% p.a.*)
  • Loan amounts from $5K to $500K
  • Terms from 12 to 60 months
  • 50+ lender panel with automotive & mechanics specialists
  • No obligation quote — free expert guidance

Common Financing Needs for Automotive & Mechanics

We help automotive & mechanics businesses access the right finance for their specific needs. Here are the most common things our automotive & mechanics clients finance:

Workshop equipment and hoists
Diagnostic and scanning tools
Tow truck and service vehicle finance
Workshop fitout and renovation
Parts and inventory funding

Automotive & Mechanics Business Loan Features

Loans from $5,000 to $500,000
Workshop equipment and hoist finance
Diagnostic tool and technology funding
Service vehicle and tow truck finance
Workshop fitout and renovation finance
Fast approval for established mechanics

Why Automotive & Mechanics Businesses Choose Us

Upgrade Your Workshop

Finance hoists, wheel alignment, air conditioning, and diagnostic equipment to service more vehicles and handle a wider range of work.

Modern Diagnostics

Invest in the latest scan tools and diagnostic equipment to keep pace with modern vehicle technology and expand your service offering.

Service Vehicles

Finance mobile service vans, tow trucks, and parts delivery vehicles to expand your reach and offer mobile automotive services.

Quick Funding

Fast approval and funding mean you can purchase equipment when opportunities arise, whether from auctions, dealer sales, or closeout events.

Industry Challenges We Solve

We understand the unique lending challenges faced by automotive & mechanics businesses. Our lender panel includes specialists who can work with these common situations:

Keeping up with rapidly changing vehicle technology
Competition from franchise and dealership service centres
High cost of modern diagnostic equipment

How to Get a Automotive & Mechanics Business Loan

1

Tell Us Your Needs

Share your automotive & mechanics financing requirements and goals.

2

We Compare Lenders

We match you with specialist lenders from our 50+ panel.

3

Get Approved

Receive competitive offers and choose the best option.

4

Funds Delivered

Settlement and funds delivered, often within days.

Get Automotive & Mechanics Finance

Rates from
5.99% p.a.
Comparison rate 6.45% p.a.*
  • Rates from 5.99% p.a.
  • $5K to $500K available
  • Terms 12 to 60 months
  • No obligation quote
  • Free expert guidance
Get a Free QuoteEmail Us
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Rated by 2,000+ customers across Australia

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Small Business Loans
SME funding solutions
Unsecured Business Loans
No property security needed
Secured Business Loans
Lower rates with security
Startup Loans
New business funding
Cash Flow Loans
Working capital solutions
Line of Credit
Flexible drawdown facility

Automotive & Mechanics Business Loan FAQs

What workshop equipment can be financed?
All automotive workshop equipment qualifies including hoists, wheel alignment machines, tyre changers and balancers, air compressors, diagnostic scan tools, air conditioning machines, and general workshop tools. Both new and used equipment can be financed.
Can I finance a workshop fitout?
Yes. Complete workshop fitout finance covers hoists, equipment, flooring, lighting, extraction systems, and workspace improvements. This can be structured as a single finance package.
How much can a mechanic borrow?
Mechanics and automotive businesses can typically borrow from $5,000 to $500,000 depending on business size, trading history, and the purpose of the loan. Equipment finance is often available up to 100% of the asset value.
Can I get finance for a tow truck?
Yes. Tow trucks, service vehicles, and parts delivery vehicles are all financeable. These are treated as commercial vehicle finance with competitive rates, and the vehicle itself serves as security.
Do I need a deposit for workshop equipment finance?
Not always. Many lenders offer 100% finance for qualifying applicants purchasing workshop equipment. A deposit can help reduce repayments and may improve your interest rate.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

Ready to Fund Your Automotive & Mechanics Business?

Specialist lenders, competitive rates from 5.99% p.a. Free, no-obligation quote.

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