Set Up Your Auto Service Centre with the Best Equipment
Running an automotive workshop requires the right equipment, skilled mechanics and enough working capital to keep everything operating smoothly. Whether you are starting your own mechanical business or upgrading an established workshop, having access to suitable finance can make a real difference.
With flexible repayments, competitive interest rates and short or long term finance options, obtaining funding for essential business purchases may be more achievable than you think.
• Are you a mechanic looking to branch out and open your own car service centre?
• Is it time to replace ageing machinery and invest in the latest automotive technologies?
• Does your team need additional training to service and repair zero and low-emission vehicles?
• Are you looking to expand your workshop, refurbish your office or install additional vehicle hoists?
• Would you prefer to finance a new vehicle rather than pay the entire purchase price upfront?
Choosing finance for major purchases can seem daunting, particularly when comparing lenders, interest rates and repayment options. However, we help Australian businesses find suitable finance solutions every day.
At MDC Finance Group, we help business owners explore their options so they can invest in their businesses while keeping working capital available for wages, suppliers, maintenance and everyday operating expenses.
We Financed a Vehicle Scissor Lift Hoist for a Sydney Auto Repair Workshop
We Financed a Vehicle Scissor Lift Hoist for a Sydney Auto Repair Workshop. Frank runs an automotive repair workshop in Sydney and needed to purchase new equipment to keep his business operating efficiently.
He had previously extended the working life of some of his machinery through reconditioning. However, it was time to replace several essential items.
Rather than use a substantial amount of his available business funds, Frank wanted to explore finance options that would allow him to make the purchases while maintaining cash flow.
The Savings are in the Detail
We discussed Frank’s business requirements, preferred loan structure, repayment options and the amount he was comfortable committing to regular repayments.
With Frank’s financial information already available, we assessed his circumstances and obtained pre-approval options across a range of suitable loans.
This allowed him to compare options and choose the arrangement that best suited his business.
Financing Essential Workshop Equipment
The equipment Frank needed includes:
• Tyre fitting equipment to support his daily workshop operations.
• A vehicle scissor lift hoist to make vehicle servicing and mechanical repairs more efficient.
• Wheel balancer and wheel alignment equipment to expand his workshop’s servicing capabilities.
These were essential purchases directly related to the services Frank provided to his customers. Financing the equipment made commercial sense because the machinery would help his workshop continue operating, provide reliable services and generate income.
We secured Frank a competitive loan rate lower than the rate offered by his existing bank. The repayments also represented only a small portion of his business turnover.
This practical solution let him invest in the equipment he needed without putting unnecessary pressure on his working capital.
Tailor-Made Car Service Equipment Finance for Your Business
