Business Loans and Financing for Auto Shops in Abbotsford, BC

Abbotsford’s automotive repair community has been flourishing with auto shops. As a city with more than 141 000 residents, it is a prime location for any auto shop. To succeed in this industry, it is often suggested that one be in control their financial situation. However, if you do not personally have enough resources, most auto shop owners tend to look towards auto shop loan providers to acquire more funds to work with. Fortunately at Smarter Loans, we work with a handful of reliable auto shop loan providers who we can serve you quality loans with respectable terms. Most auto shop owners that end up working with our providers often use the funds to upgrade their equipment, hire additional servicemen or simply use the funds as a reserve in case for emergencies.

On top of all of this, we work behind the scenes constantly to maintain our application services.

It is easy to apply as you can do so from home without the need of a traditional institution. The entire application process is hosted online and within minutes, you can find yourself submitting an application form to one of our providers. To maximize your opportunity to be approved with one of our auto shop loan providers, it is best to apply when your garage has been in operations for at least 6 months with a steady revenue stream of over $5000.

Underneath this paragraph is a list of the providers we were talking about earlier. Click the “Apply Now” button to begin filling out an application form. If you can’t seem to choose one, you can pre-apply at Smarter Loans instead. A staff member will take a look at your application and help you find an auto shop loan provider in Abbotsford that fits your garage.

Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $100,000
Starting at 15%
12 - 18 Months
$5,000 - $300,000
Starting at 8.39%
6 - 12 Months
$5,000 - $300,000
Starting at 8%
12 - 24 Months
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
$5,000 - $250,000
Starting at 9%
3 - 18 months
$5,000 - $100,000
Starting at 29%
4 - 6 months
$5,000 - $100,000
Starting at 6.87%
3 - 18 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
5.9% - 39.9%
12 - 60 Months
$1,500 - $12,500
19.99% - 34.99%
12 - 60 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$500 - $20,000
19.99% - 46.8%
6 - 60 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$100 – $15,000
19.99% - 46.93%
Open Line of Credit
$500 - $10,000
46.93%
Open Line of Credit
$2,000 - $10,000
18.9% to 54.9%
12 - 60 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$100 - $1,500
Varies
Up to 2 months
$100 - $1,500
Varies by Province
Up to 62 days
Company
Amount
Interest Rate
Reviews
Terms
$3,500 - $49,500
8.99% - 29.5%
12 - 84 Months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$50,000 and Up
Varies
Varies
$50,000 - Unlimited
Varies
Varies
$10,000 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
4.4% - 18%
2 - 10 years
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
$10,000+
3.99% - 19.99%
12 - 72 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
Up to $35,000
Starting at 5.15%
Varies
$50,000 - Unlimited
Varies
Varies
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
5.9% - 39.9%
12 - 60 Months
$1,500 - $12,500
19.99% - 34.99%
12 - 60 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$500 - $20,000
19.99% - 46.8%
6 - 60 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$2,000 - $10,000
18.9% to 54.9%
12 - 60 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Recreational Vehicles

Abbotsford Datasheet

  • As per the most up-to-date stats, there are 34,300 listed homeowners in Abbotsford.
  • On the average a household in Abbotsford has an income of $87,900.
  • Abbotsford, incorporated in 1945, is positioned in Northern British Columbia. The population of Abbotsford is 141,000.
  • Abbotsford’s strongest hiring sectors are real estate and rental and leasing, finance and insurance, management of companies and enterprises.
  • As per the latest independent research, on the average, a salary in Abbotsford is estimated at $37,900 per month.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our website helps you find trusted Auto Shop Business Loan lenders in Abbotsford for your financing needs.

Review our list of Auto Shop Business Loan companies to find the best Auto Shop Business Loan rates in Abbotsford

Auto Shop Business Loans are mostly utilized for these goals

  • upgrade the equipment in your auto garage
  • hire additional staff
  • advertise in a local newspaper or magazine
  • open another auto repair garage
  • promote a special sale or offer
  • take advantage of a special discount on car parts from your supplier
  • pay wages and salaries to your mechanics
  • hire more mechanics to work for you

Different Types of Loans in abbotsford

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